Category Business Development

BRICS+ 2024 Beyond Subcapitalism and Globalization

Said El Mansour Cherkaoui, Ph.D. – Email contact: saidcherkaoui@triconsultingkyoto.com

Oct 22, 2024, updated on Oct 26, 2024


This article will define the main steps that have shaped the progress of the BRIC, BRICS, and now BRICS + 2024. The main aspects are presented with their direct impact on the international relations between economic nations. The BRICS + as a new group of emerging countries have in their beginning concentrated on having an alternative space where they can build between the founding members direct communication on their trade and financial relationships. The BRIC acronym stands for #Brazil, #Russia, #India, #China, and #SouthAfrica. The setting of the related structure was materialized making the addition of an African Member South Africa transforming the BRIC into BRICS. This step has allowed the BRIC Club to be a Community of Nations that are representative of continents and regions of the world that can share common grounds of needs and seek common solutions to the challenges raised and created by the Western Advanced Economies.

A sort of new differentiation was put in place for middle economic nations to be distinctive from the rest of countries considered as Subcapitalit economies that had no international organ representing their interests in common means and ways of defense or expression. The BRICS filled this gap and started building structures to substitute them for what the Western Advanced Economies have created since the end of the Second World War to maintain a certain discipline and control of the international arenas of trade, business, finance, and culture as well as direct diplomatic relationships between their members. This evolution imposed on the BRICS to become and to be more representative to be able to use the structures built and to create more credibility for their actions and objectives. The present 16th BRICS Summit in Kazan is effectively the real translation and expression of such role and function that its founding members are pursuing and trying to materialize in the sense of reinforcing a response to Multipolarism and Multilateralism as new forms of intra and international structuring of the relationship between the countries of the South and those of the North.

In the following text, you will read about the evolution of the BRICS its transformative path, and its continual adaptation to new challenges erupting on the international scene. The founding members of the BRICS with China at the forefront of the Group, are seeking to increase their weight and their propositions to respond and express their approaches which aim at the monopoly played by Western-based organizations in defining the direction of the World economy, the Geostrategic interests and the Economic regulations have been carried since the beginning of the 19th century with the end of the Colonial Prohibitions and Mercantilism and the expansion of Liberalism to the present time of Neoliberalism.

Breaking the Borders of Globalization, Multinationalisation, and Internationalization and Setting New Forms of Supra-Integration

The 16th BRICS Summit in Kazan is being held under the chairmanship of Russia from October 22-24. The Ministry of External Affairs said, “The Summit, themed ‘Strengthening Multilateralism for Just Global Development and Security,’ will provide an important platform for leaders to discuss key global issues.”

Adding New Members to BRICS

The #BRICS group expanded in early 2024 to include #Iran, the #UnitedArabEmirates, #Ethiopia, and #Egypt. #SaudiArabia was also announced as a new member, though the kingdom has yet to make a final decision on whether to join. Argentinian President Javier Milei, who took office in December 2023 and is steering his country’s geopolitical alignment toward the #US and away from China and Brazil, declined a membership invitation.

The nations still seeking admission include #Malaysia, #Thailand, and #Turkey. Further enlargement could be discussed during this summit in Kazan, Russia, on Oct. 22-24.

What is the impetus for expansion?

The BRICS club of nations almost doubled in size this year, making it a more credible counterweight to the G7. The BRICS group of emerging-market powers has gone from a slogan dreamed up at an #investmentbank to BRICS+ two almost doubled in size in 2024, pairing several major #energy producers with some of the biggest consumers among developing countries and potentially enhancing the group’s economic clout in a US-dominated #world. The push has been driven largely by China, now the world’s pre-eminent industrial power, which is trying to boost its global clout by courting nations traditionally allied with the US. South Africa and Russia have backed the expansion. India was initially hesitant because it was concerned that a bigger BRICS would transform the group into a mouthpiece for China, while Brazil was worried about alienating the West — although both governments eventually agreed to an enlargement.


The Launching Pad of the BRICS

Jim O’Neill, the Chief Economist at Goldman Sachs, created the acronym BRICS in 2001. O’Neill’s research paper, Building Better Global Economic BRICs, proposed that the economic potential of Brazil, Russia, India, and China (BRIC) could make them among the world’s most dominant economies by 2050. O’Neill argued that the growth of these countries could challenge the dominance of the G7, the world’s seven most advanced economies. 



The BRICS group of emerging-market powers — the acronym stands for #Brazil, #Russia, #India, #China, and #SouthAfrica — has gone from a slogan dreamed up at an #investmentbank and the Brics two decades ago.



Russia and the U.S. Dollar: A Yoyo Game by the Control of Gold

On June 2024,  With the BRICS firmly committed to de-dollarization, Morgan Stanley recently said that the US dollar cannot be dethroned.

On the heels of what Kaddafi was proposing the use of their pricing for gold would serve as the basis for payment for other primary goods including petrol. This claim was the last straw that broke the back of the camel and resulted in his assassination. Almost in a similar line to nationalizing the price of the precious metals, Russia has proposed that BRICS member countries create their own precious metals exchange in a move that could upend the long-established international pricing mechanisms for gold, silver, platinum, and other precious metals. This declaration has sent the price of gold skyrocketing.

The news comes on October 23, 2024, on the heels of Wednesday’s declaration adopted by the leaders of the BRICS countries supporting an increase in the exchange of precious metals between members based on common product quality standards.

At the Kazan summit, Russia proposed to the BRICS countries to create a precious metals exchange, which, according to the authors of the idea, will fundamentally change the principles of pricing in this conservative market.



As stated in the message of the Ministry of Finance of the Russian Federation, the declaration of the leaders of the BRICS countries adopted on Wednesday supported an increase in the turnover of precious metals between the countries of the association based on common product quality standards. “The creation of a mechanism for trading metals within the BRICS countries will lead to the formation of fair and equitable competition based on exchange principles,” the Ministry of Finance said in a release.

“The mechanism will include the creation of instruments for price indicators for metals, standards for the production and trade of bullion, accreditation of market participants, clearing and auditing within the BRICS countries, and the participating countries will have a reliable way of stable exchange trading within the association,” said the head of the department Anton Siluanov, quoted in the message.

The Finance Ministry added that they expect the BRICS Precious Metals Exchange “will become a key regulator of prices for precious metals.



The BRICS club of nations dominated by China almost doubled in size this year 2024, making it a more credible counterweight to the G7. The BRICS is pairing several major #energy producers with some of the biggest consumers among developing countries and potentially enhancing the group’s economic clout in a US-dominated #world. Dozens more countries have expressed interest in joining its ranks.


Who are the New Members of BRICS?


The rise of BRICS (and now BRICS+) reflects a shared belief among important emerging players that the Western-dominated, rules-based international order—and particularly the system of global economic governance—is both stacked against their interests and fundamentally outdated. The #BRICS group expanded in early 2024 to include #Iran, the #UnitedArabEmirates, #Ethiopia, and #Egypt. #SaudiArabia was also announced as a new member, though the kingdom has yet to make a final decision on whether to join. Argentinian President Javier Milei, who took office in December 2023 and is steering his country’s geopolitical alignment toward the #US and away from China and Brazil, declined a membership invitation.

The nations still seeking admission include #Malaysia, #Thailand, and #Turkey. Further enlargement is likely to be discussed at a summit in Kazan, Russia, on Oct. 22-24.



The 16th BRICS Summit in Kazan is being held under the chairmanship of Russia from October 22-24. The Ministry of External Affairs said, “The Summit, themed ‘Strengthening Multilateralism for Just Global Development and Security,’ will provide an important platform for leaders to discuss key global issues.”



What is the impetus for the expansion of the BRICS?

Russian President Vladimir Putin will host the first-ever summit of BRICS+ from October 22 to 24 in the Tatarstan city of Kazan. There, the founding members of BRICS—Brazil, Russia, India, China, and South Africa—will formally welcome into their fold five new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). Putin has also invited more than two dozen other countries that have applied for or are considering membership in the expanding club. The gathering is meant to send an unmistakable signal: Despite the West’s best efforts to isolate it, Russia has many friends around the world.

To some in the West, the emergence of BRICS+ suggests something even more ominous—a world that is fragmenting into competing blocs, thanks to intensifying geopolitical rivalry between East and West and growing mutual alienation between North and South. According to this reading, Beijing and Moscow are intent on exploiting some countries’ resentment of the United States and its wealthy world allies to consolidate an anti-Western counterweight to the venerable Group of 7 (G7), a process that is likely to paralyze global cooperation within other multilateral venues.



China’s Energy Tight-Belt Road Initiative

TRI CONSULTING KYOTO TRI CK USA   Said El Mansour Cherkaoui © Said El Mansour Cherkaoui – 9/11/2024 Introduction – China-Africa Cooperation – FOCAC This is a presentation of the relationship of China with Africa depicting several years of interactions that had been developed through indirect and direct investments and technical support provided to the African States by Chinese companies and engineers. China has mastered the … Continue reading China’s Energy Tight-Belt Road Initiative

Global Risk Analysis

TRI CONSULTING KYOTO TRI CK USA – Said El Mansour Cherkaoui Ph.D. ★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior Policy Adviser in International Affairs ★ Accomplished Public Speaker ★ Distinguished News Executive Editor ★ The recent decline in the United States’ standing in the Arab world and China’s growing influence indeed has significant implications. Let’s break down … Continue reading

Briefing China – USA 8 27 24

China Puzzled by U.S. Trade Economics and Politics System – Said El Mansour Cherkaoui Ph.D. – Said Cherkaoui Ph.D. TRI CK USA – Email: saidcherkaoui@triconsultingkyoto.com 8 27 24 – Oakland – Bay Area of San Francisco – California Trade-wise, The four years witnessed escalating trade tensions culminating in a trade war and sanctions on Chinese technology companies. Since Biden’s election, political and business stakeholders … Continue Reading

China Exports to Russia and Multipolarity of the World

Collage made by Said El Mansour Cherkaoui tracing the USA-China relation since the Presidency of Donald Trump that we consider as the opening of a New Chapter that we are still reading up to now Global Risk Analysis Said El Mansour Cherkaoui Ph.D. ★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior … Continue reading



Of particular concern is the future of the Group of 20 (G20). Even before BRICS expansion, it had become a microcosm of growing global rifts. A further hardening of these divisions would undercut the G20’s fundamental raison d’être: namely, to help bridge gulfs between—and leverage the capabilities of—important countries that are not inherently or necessarily like-minded.

With the rise of economies like China and India, many countries see BRICS as a platform to counterbalance the influence of traditional Western powers.  Recent global conflicts and increased US-China rivalry might push countries towards BRICS as a way to navigate complex geopolitical dynamics.

The push has been driven largely by China, now the world’s pre-eminent industrial power, which is trying to boost its global clout by courting nations traditionally allied with the US. South Africa and Russia have backed the expansion. India was initially hesitant because it was concerned that a bigger BRICS would transform the group into a mouthpiece for China, while Brazil was worried about alienating the West — although both governments eventually agreed to an enlargement.

The 16th BRICS Summit in Kazan is being held under the chairmanship of Russia from October 22-24, 2024. The Ministry of External Affairs said, “The Summit, themed ‘Strengthening Multilateralism for Just Global Development and Security,’ will provide an important platform for leaders to discuss key global issues” and work together to build and implement adequate solutions and adaptable responses to the new challenges that Presiden Xi has called on BRICS members to pursue and realize.

– Build a BRICS committed to peace, and act as defenders of common security.
– Build a BRICS committed to innovation, and act as pioneers of high-quality development.
– Build a BRICS committed to green development, and act as promoters of sustainable development.
– Build a BRICS committed to justice, and act as forerunners in reforming global governance.
– Build a BRICS committed to closer people-to-people exchanges, and act as advocates for harmonious coexistence among all civilizations.



Said El Mansour Cherkaoui Ph.D.Said Cherkaoui Ph.D.

Email contact: saidcherkaoui@triconsultingkyoto.com



Liberal Pax Americana in the West and Shield of Alliances by the BRICS in the East

Posted on – In 1992, I had a meeting with a European Commissaire at the Boalt Library at the University of California at Berkeley and I conducted an interview about the creation of the European Economic Community and its monetary policies. This interaction was made given that as Adjunct Associate Professor, I introduced for the first time in … Continue reading“ Liberal Pax Americana in the West and Shield of Alliances by the BRICS in the East”

BRICS Fortress to Shield Dollar

Posted on – BRICS AND THE SOUTHERN COUNTRIES FACING THE DOLLAR ECONOMY The acronym BRIC, which initially stood for Brazil, Russia, India, and China, was coined by Jim O’Neill in 2001 when he was chief economist of the multinational investment bank, Goldman Sachs. At the time, the four countries had sustained rates of high economic growth and the … Continue reading “BRICS Fortress to Shield Dollar”

China’s Reinforcing BRICS with the Foundation of Development Bank

Posted on – By Dr. Said El Mansour Cherkaoui – Oct 2, 2015 In June 2014, the BRICS group formed by the so-called emerging economies of Brazil, Russia, India, China and the new member, South Africa had effectively signed a memorandum of understanding aimed at creating a new international financial institution. A year later, these same countries materialized … Continue reading “China’s Reinforcing BRICS with the Foundation of Development Bank”

BRICS Building Financial Great Wall

Posted on – Said El Mansour Cherkaoui World Tour du Monde Said El Mansour Cherkaoui Dr. Said El Mansour Cherkaoui et le Tour du Monde: De Doukkala, Mazagan, El … Continue reading Said El Mansour Cherkaoui World Tour du Monde – REBUILDING MOROCCO New Economic Houses on BRICS and MINT Nouvelles Eco-Demeures en BRICS et Menthe Said El Mansour Cherkaoui – Published … Continue reading “BRICS Building Financial Great Wall”

BRICS and the Building of Financial Great Wall

December 9, 2021 ★ Said El Mansour Cherkaoui, Ph.D. ★ Published on July 1, 2015 – 78 articles published at LinkedIn Great Wall and Great Break Banking Time for BRICS From July 2014 to July 2015, the BRICS group, the new emerging economies of Brazil, Russia, India, China, and South Africa signed a Memorandum of Understanding to create…Continue Reading → 

Dr. Said El Mansour Cherkaoui invited by the Government of China to provide training to executives, officials and entrepreneurs
Dr. Said El Mansour Cherkaoui invited by the Government of China to provide training to executives, officials and entrepreneurs

Said El Mansour Cherkaoui World Tour du Monde

Said El Mansour Cherkaoui Dr. Said El Mansour Cherkaoui et le Tour du Monde: De Doukkala, Mazagan, El … Continue reading Said El Mansour Cherkaoui World Tour du Monde – REBUILDING MOROCCO


New Economic Houses on BRICS and MINT

Nouvelles Eco-Demeures en BRICS et Menthe

New Economic Houses on BRICS and MINT Nouvelles Eco-Demeures en BRICS et Menthe

Said El Mansour Cherkaoui Said El Mansour Cherkaoui – Published Aug 24, 2015 – Email: Said El Mansour Cherkaoui

English Version: New Economic Houses on BRICS and MINT

The Financial Times estimated that the seven largest emerging economies can hypothetically be called a new G7: four BRICS members – Brazil, Russia, India and China and three countries of the so-called MINT – Mexico, Indonesia and Turkey, will have a combined GDP of $37.8 trillion in 2014 when calculated at purchasing power parity (PPS).

However, the long established G7 group of industrialized nations: Canada, France, Germany, Italy, Japan, the UK and the US are expected to have an output of $34.5 trillion.

More details at this website: http://en.itar-tass.com/economy/753399

Version Française: Les nouvelles puissances économiques du monde Bâtie sur BRICS et à la Menthe
Le Financial Times estime que les sept plus grandes économies émergentes peuvent hypothétiquement être appelés une nouvelle G7: quatre membres du BRICS – Brésil, Russie, Inde et Chine et trois pays de la soi-disant MINT – Mexique, l’Indonésie et la Turquie, aura un PIB combiné de $ 37,8 trillions en 2014 lorsqu’il est calculé à partir de la Parité de Pouvoir d’Achat (PPA).
http://fr.wikipedia.org/wiki/Parit%C3%A9_de_pouvoir_d’achat
Cependant, le groupe du G7 établi de longue date par les pays industrialisés: le Canada, la France, l’Allemagne, l’Italie, le Japon, le Royaume-Uni et les États-Unis devraient avoir  un total de seulement $ 34,5 trillions.

http://en.itar-tass.com/economy/753399


Building New Economic World Powerhouses on BRICS and MINT

Building New Economic World Powerhouses on BRICS and MINT

Said El Mansour Cherkaoui

Updated on Sep 1, 2015

Said El Mansour Cherkaoui Published Jul 1, 2015

Email: Said El Mansour Cherkaoui

BRICS and the Building of Financial Great Wall

GREAT BREAK TIME FOR BRICS:

From July 2014 to July 2015, the BRICS group, the new emerging economies of Brazil, Russia, India, China and South Africa signed a Memorandum of Understanding to create a new international financial institution capitalized with $200 billion of liquidity. This banking organization was projected to act as BRICS Development Bank with $100 billion along with a reserve currency pool worth over another $100 billion. 

On July 2015, in China, the New Development bank, also known as the BRICS Bank, has been approved by the Standing Committee of the National People’s Congress during its meetings that are actually taking place until July 1, 2015. India and Russia had already agreed on this creation and South Africa is expected to present ratification documents in July during a meeting of BRICS countries in the Russian city of Ufa.

THE BRICS FACTORY OF GROWTH AND DEVELOPMENT:

In terms of demographic and economic standards, the BRICS are becoming heavy weights challengers for the New World Order inherited from the Presidency of Father Bush. The group BRICS has 42 percent of the world’s population and roughly 20 percent of the world’s economy based on gross domestic product, and 30 percent of the world’s GDP based on purchasing power parity. * The total trade between the BRICS’ countries is $6.14 trillion, or nearly 17 percent of the world’s total. They also account for 11 percent of global capital investment. China, India and Brazil are also ranked among the largest economies in the world with more than $2 trillion, €1.25 trillion by nominal GDP.

In 2015, the members of this privileged “Elite” club were the United StatesChinaJapanGermanyFrance, the United Kingdom and India. Their ranking in respect to respective GDP in trillions of U.S. dollars is the following: USA $18.1 – China $11.2 – Japan $4.2 – Germany $3.4 – U.K. $2.9 – France $2.5 – India $2.3 – Brazil $1.9 – Italy $1.8 – Canada$1.6.

THE STRUCTURE OF NEW BRICS DEVELOPMENT BANK:

Each member of the BRICS will have a seat for their Finance Minister or Central Bank Chair at the Bank’s Representative Board. The other innovation is that membership is not just limited to BRICS economies such is the case in other international financial institutions. The BRICS Bank will be headquartered in Shanghai, with India presiding it during the first year, and Russia serving as the chairman of the representatives. During the BRICS and the Shanghai Cooperation Organization (SCO) summits in the Russian city of Ufa, Anton Siluanov has been appointed Board Chairman of the New Development Bank, he is the current Russian Finance Minister. Similarly, it has been agreed that an African regional center of the NDB bank will be established in South Africa.

In recent interview conducted by RT, the New Development Bank president Kundapur Vaman Kamath declared a “significant part” of the bank’s activity could be carried out in local currencies. “I have not applied my mind as to what effect it will have on other currencies. But as far as our local currencies are concerned, our own countries are concerned, that will substantially reduce any exchange risk.” He also projected that by April 2016 the New Development Bank will issue its first loan. 

Mr. Kamath added: “I think clearly setting up of this bank is also a signal that developing countries are now able to stand on their feet in their own way and set up their own institutions. We are really looking at expanding the membership base in the future.” In this perspective, joining the Development Bank remains open to other emerging countries, such as Mexico, Indonesia, or Argentina, once it sorts out its debt burden.

The initial funding came from each BRICS member that will contribute an equal share in establishing a startup capital of $50 billion while the full participation is $100 billion. This capitalization represents a crisis lending fund and is called the Contingent Reserve Arrangement (CRA). China contributed with $41 billion while Russia, Brazil and India will add in $18 billion, and South Africa, the newest member, will contribute $5 billion. The contribution of 39.5 percent will give China the largest voting rights.

On the 7/9/2015, Russian President Vladimir Putin is meeting BRICS leaders in an expanded format at the BRICS and the Shanghai Cooperation Organization (SCO) summits in the Russian city of Ufa which took place on July 8-10, 2015. The Summit in the Russian City of Ufa become the cradle for the official launch of the New Development Bank and the designation of its leaders. in the same perspective, the BRICS countries agreed to put in place a $100bn reserve currency pool which aims to protect the member states – the emerging economies of Brazil, Russia, India, China and South Africa – from currency volatility shocks. This is one of the reasons, the summits agreed that the association will start using their local currencies for mutual settlements quite soon. 

In fact, the continuity of the financial imbalances of the western economies added to the unpredictability of their financial institutions and their budgetary deficits had added more concerns to the BRICS members and have motivated them to sustain the creation of the New Development Bank, an alternative and a supplement to existing international “hard currency” financial institutions. 

THE NEW ALTERNATIVE TO THE UNION OF WESTERN BANKS: 

The idea behind these financial moves is to create structures that will help to lessen dependency on the West and to create a more multi-polar world. Other implications are a design to protect against the instability and the fluctuations of the Western based currencies. The BRICS BANK is sought to provide also financial means and resources to counter the influence of Western-based lending institutions and the US Dollar, especially at the wake of the current financial turmoil traversing the western economies and the regional conflicts generated by the consequent race for the natural resources around the globe.

Within such frame, the long domination of the US Dollar since the signing of Bretton Woods Agreement and the Nixon Administration’s creation of the Petro-dollars (1973 oil crisis) are starting to show some fissures and weakness in the resolution, remittance and refinancing of international transactions. 

Furthermore, the western-based banking system and the recent Libor scandal and other related fraudulent behaviors and abuses coupled had increased the reluctance of Emerging economies to continue to be financed through a system that rely only on lending volume as the key metric for success. Similarly, the development and the integration of technology-oriented methods of resolution and transfer of assets and financial denominations have added more determinations to the Emerging economies to establish their own channels to finance their infrastructures and funnels directly their funds without intermediaries. These technological advances have also facilitated the consultation and the planning of infrastructural projects to be financed as joint development ventures by the BRICS economies for their own countries and for the rest of the developing world. 

Additionally, the need of alternative global financial instruments is increasing given that the trade is bilaterally developed among emerging economies and between them and the rest of the developing world. For these reasons, the financial institutions and facilities offered by western societies such as the IMF, the World Bank and the OPIC and their regional agencies are considered as organizations dominated by western shareholders which add more challenges for projects oriented toward the development of national resources and the related infrastructure. Within such perspective, the other bank being promoted by China as an alternative to existing development institutions, such as the IMF and the World Bank, is the new Asian Development Bank, known as the Asian Infrastructure Investment Bank, that was established in October 2014. Britain and Germany are listed among its 57 member states.

To avoid such hurdles and to reduce cost and time in terms of realizations, the emerging economies are developing regional free trade blocs and treaties that are engaging their financial resources as well. For these reasons, the Members of BRICS are seeking to reinforce bilateral trade relations without relying on the evaluation or the approval by Western based decision making. The other aspect is the total fees charged by the related lending institution and the influence of the dollar in the development of the international trade of commodities and primary goods. 

The implications of all these new forms of competitiveness at the level of financial transactions and their far-reaching impact on the balance of payments, especially the current accounts of the countries concerned, it is without equivoque that new currencies are going to be emerging within certain trading blocs before to reach an international acceptance. The establishment of these regional banking institutions that aim to be a global player are the first signs of such move.

Additional Notes for Clarification:

For more on the BRICS and the Shanghai Cooperation Organization (SCO) summits in the Russian city of Ufa, see the video on the following link: 

http://rt.com/on-air/putin-meets-brics-leaders/ 

N.B.: * The aforementioned indicators are reflective of tendencies and not realities of economic situations and social conditions. For this reason, they have to be considered as reflective of selective and comparative performances given the fact that the world economy can be defined, estimated, evaluated, but also can be expressed in various other forms and indications. “It is unclear, for example, how many of the world’s 7.13 billion people have most of their economic activity reflected in these [aforementioned] valuations.”

 Any comments or needs can be directly addressed to Dr. Said El Mansour Cherkaouisaidcherkaoui@triconsultingkyoto.com


GREAT BREAK TIME FOR BRICS:

Said El Mansour Cherkaoui, July 1, 2015 – 79 articles – Email: Said El Mansour Cherkaoui

From July 2014 to July 2015, the BRICS group, the new emerging economies of Brazil, Russia, India, China and South Africa signed a Memorandum of Understanding to create a new international financial institution capitalized with $200 billion of liquidity. This banking organization was projected to act as BRICS Development Bank with $100 billion along with a reserve currency pool worth over another $100 billion. 

On July 2015, in China, the New Development bank, also known as the BRICS Bank, has been approved by the Standing Committee of the National People’s Congress during its meetings that are actually taking place until July 1, 2015. India and Russia had already agreed on this creation and South Africa is expected to present ratification documents in July during a meeting of BRICS countries in the Russian city of Ufa.

THE BRICS FACTORY OF GROWTH AND DEVELOPMENT:

In terms of demographic and economic standards, the BRICS are becoming heavy weights challengers for the New World Order inherited from the Presidency of Father Bush. The group BRICS has 42 percent of the world’s population and roughly 20 percent of the world’s economy based on gross domestic product, and 30 percent of the world’s GDP based on purchasing power parity. * The total trade between the BRICS’ countries is $6.14 trillion, or nearly 17 percent of the world’s total. They also account for 11 percent of global capital investment. China, India and Brazil are also ranked among the largest economies in the world with more than $2 trillion, €1.25 trillion by nominal GDP.

In 2015, the members of this privileged “Elite” club were the United StatesChinaJapanGermanyFrance, the United Kingdom and India. Their ranking in respect to respective GDP in trillions of U.S. dollars is the following: USA $18.1 – China $11.2 – Japan $4.2 – Germany $3.4 – U.K. $2.9 – France $2.5 – India $2.3 – Brazil $1.9 – Italy $1.8 – Canada$1.6.

THE STRUCTURE OF NEW BRICS DEVELOPMENT BANK:

Each member of the BRICS will have a seat for their Finance Minister or Central Bank Chair at the Bank’s Representative Board. The other innovation is that membership is not just limited to BRICS economies such is the case in other international financial institutions. The BRICS Bank will be headquartered in Shanghai, with India presiding it during the first year, and Russia serving as the chairman of the representatives. During the BRICS and the Shanghai Cooperation Organization (SCO) summits in the Russian city of Ufa, Anton Siluanov has been appointed Board Chairman of the New Development Bank, he is the current Russian Finance Minister. Similarly, it has been agreed that an African regional center of the NDB bank will be established in South Africa.

In recent interview conducted by RT, the New Development Bank president Kundapur Vaman Kamath declared a “significant part” of the bank’s activity could be carried out in local currencies. “I have not applied my mind as to what effect it will have on other currencies. But as far as our local currencies are concerned, our own countries are concerned, that will substantially reduce any exchange risk.” He also projected that by April 2016 the New Development Bank will issue its first loan. 

Mr. Kamath added: “I think clearly setting up of this bank is also a signal that developing countries are now able to stand on their feet in their own way and set up their own institutions. We are really looking at expanding the membership base in the future.” In this perspective, joining the Development Bank remains open to other emerging countries, such as Mexico, Indonesia, or Argentina, once it sorts out its debt burden.

The initial funding came from each BRICS member that will contribute an equal share in establishing a startup capital of $50 billion while the full participation is $100 billion. This capitalization represents a crisis lending fund and is called the Contingent Reserve Arrangement (CRA). China contributed with $41 billion while Russia, Brazil and India will add in $18 billion, and South Africa, the newest member, will contribute $5 billion. The contribution of 39.5 percent will give China the largest voting rights.

On the 7/9/2015, Russian President Vladimir Putin is meeting BRICS leaders in an expanded format at the BRICS and the Shanghai Cooperation Organization (SCO) summits in the Russian city of Ufa which took place on July 8-10, 2015. The Summit in the Russian City of Ufa become the craddle for the official launch of the New Development Bank and the designation of its leaders. 

In the same perspective, the BRICS countries agreed to put in place a $100bn reserve currency pool which aims to protect the member states – the emerging economies of Brazil, Russia, India, China and South Africa – from currency volatility shocks. This is one of the reasons, the summits agreed that the association will start using their local currencies for mutual settlements quite soon. 

In fact, the continuity of the financial imbalances of the western economies added to the unpredictability of their financial institutions and their budgetary deficits had added more concerns to the BRICS members and have motivated them to sustain the creation of the New Development Bank, an alternative and a supplement to existing international “hard currency” financial institutions. 

THE NEW ALTERNATIVE TO THE UNION OF WESTERN BANKS: 

The idea behind these financial moves is to create structures that will help to lessen dependency on the West and to create a more multi-polar world. Other implications are a design to protect against the instability and the fluctuations of the Western based currencies. The BRICS BANK is sought to provide also financial means and resources to counter the influence of Western-based lending institutions and the US Dollar, especially at the wake of the current financial turmoil traversing the western economies and the regional conflicts generated by the consequent race for the natural resources around the globe.

Within such frame, the long domination of the US Dollar since the signing of Bretton Woods Agreement and the Nixon Administration’s creation of the Petro-dollars (1973 oil crisis) are starting to show some fissures and weakness in the resolution, remittance and refinancing of international transactions. 

Furthermore, the western-based banking system and the recent Libor scandal and other related fraudulent behaviors and abuses coupled had increased the reluctance of Emerging economies to continue to be financed through a system that relay only on lending volume as the key metric for success. Similarly, the development and the integration of technology-oriented methods of resolution and transfer of assets and financial denominations have added more determinations to the Emerging economies to establish their own channels to finance their infrastructures and funnels directly their funds without intermediaries. These technological advances have also facilitated the consultation and the planning of infrastructural projects to be financed as joint development ventures by the BRICS economies for their own countries and for the rest of the developing world. 

Additionally, the need of alternative global financial instruments is increasing given that the trade is bilaterally developed among emerging economies and between them and the rest of the developing world. For these reasons, the financial institutions and facilities offered by western societies such as the IMF, the World Bank and the OPIC and their regional agencies are considered as organizations dominated by western shareholders which add more challenges for projects oriented toward the development of national resources and the related infrastructure. Within such perspective, the other bank being promoted by China as an alternative to existing development institutions, such as the IMF and the World Bank, is the new Asian Development Bank, known as the Asian Infrastructure Investment Bank, that was established in October 2014. Britain and Germany are listed among its 57 member states.

To avoid such hurdles and to reduce cost and time in terms of realizations, the emerging economies are developing regional free trade blocs and treaties that are engaging their financial resources as well. For these reasons, the Members of BRICS are seeking to reinforce bilateral trade relations without relying on the evaluation or the approval by Western based decision making. The other aspect is the total fees charged by the related lending institution and the influence of the dollar in the development of the international trade of commodities and primary goods. 

The implications of all these new forms of competitiveness at the level of financial transactions and their far-reaching impact on the balance of payments, especially the current accounts of the countries concerned, it is without equivoque that new currencies are going to be emerging within certain trading blocs before to reach an international acceptance. The establishment of these regional banking institutions that aim to be a global player are the first signs of such move.

Unfortunately, the Fed’s first increase was a response to the financial obstruction of the UK economy but was met with OPEC’s decision to cut oil production, Russia’s decision to only accept rubble as a means of payment and the decision of the Chinese to make the payment only with the Yuan for all external transactions.

The conglomeration of all these geo-economic actions made the dollar the first higher than the euro in the international market while it also increased its vulnerability to emerging markets as it impacted more than 60% debt-ridden countries that are on the verge of default with Zambia, Sri Lanka and Ghana at the forefront of full default.

The recession was no longer on the periphery of Western economies, it was spreading beyond the surge in inflation of energy, commodities and the accessibility of basic foodstuffs by many countries.

Also, Japan has always played the role of antechamber and echo chamber for the American economy since the Reaganomics and Economic School of the Chicago Boys.

These changes have motivated producers of oil in the middle east to advocate change of direction for the OPEC and to seek payment alternatives than the dollar which is a kind of renegating on the era of the petrodollars. Within such scope, following the example of Iran, the hydrocarbon-exporting states of the Gulf Cooperation Council looked for alternative methods and means of payments for their energy production which can afford them “to broaden their ability to transact within both dollarised and de-dollarised zones of the global economy. While these states remain firmly embedded in the US-led economic and security architecture, they still see some advantages in reducing their reliance on the US and its currency.”


BRICS Fortress to Shield Dollar August 13, 2023 In “BRICS”


BRICS piece by piece building peace: Lula meeting Xi and Wilma at the Bank

Posted on – Brazil to Be or not to Be Peace-Maker in BRICS Brazil’s President Luiz Inácio Lula da Silva is scheduled to arrive in Shanghai on Tuesday, after a March visit was rescheduled due to illness. He will meet with Chinese President Xi Jinping on Friday 4/14/2023. While trade will dominate the agenda, geopolitics are steadily creeping in. Lula’s entourage includes numerous agricultural … Continue reading “BRICS piece by piece building peace: Lula meeting Xi and Wilma at the Bank

Analyse de BRICS sans y ajouter aucune Brique

Posted on – La prééminence des banques britanniques telles que Barings et Rothschild Maison de courtage et des banquiers qui retracent leurs profits dans le commerce des armes contingent du commerce mercantiliste du colonialisme ibérique en Amérique latine. Le changement de l’épicentre du commerce mondial avait provoqué des pertes fonctionnelles continuelles à ces systèmes bancaires et monétaires identifiés dans … Continue reading “Analyse de BRICS sans y ajouter aucune Brique”

Brazil – Africa and Lula

Posted on – Publications and Research on Brazil by Dr. Said El Mansour Cherkaoui Originally published October 31, 2022, with updates on information up to 3/16/2024 Said El Mansour Cherkaoui – support@triconsultingkyoto.com Brazilian President Luiz Inácio Lula da Silva – also known as Lula da Silva or simply Lula, is the 39th and current president of Brazil. In 2023, President Lula … Continue reading “Brazil – Africa and Lula

China Global Strategy Built with BRIC and BRI

China Global Strategy Built with BRIC and BRI

Posted on – Extract: Rooted in history, the BRI carries forward the Silk Road spirit At around 140 BC during China’s Han Dynasty, Zhang Qian, a royal emissary, made a journey to the West from Chang’an (present-day Xi’an in Shaanxi Province), opening an overland route linking the East and the West. Centuries later, in the years of the … Continue reading

Belt and Road Initiative – BRI

Belt and Road Initiative – BRI

Posted on – The Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future / Home / 2023年10月11日 / Belt and Road Initiative, BRI, China, finance, 一带一路, 中国, 带路, 融资 The State Council Information Office of the People’s Republic of China October 2023  Contents Preamble III. Promoting All-Round Connectivity in Multiple Fields Conclusion Preamble Over two millennia ago, inspired by a sincere wish for friendship, our … Continue reading “Belt and Road

World Economy in Mutation Mood

World Economy in Mutation Mood

Posted on – TV Shows and Games in America Applied Around the Financial World This turmoil is just the first storm in a glass of wine shared between the banking system and the financial sector hold in hostage by the sanctions on Russia, the rise of alternative currency and the fall of dollar, the skyrocketing of the Federal … Continue reading “World Economy in Mutation Mood”

Western-led International Order Versus Eastern Driven Nationalism

Western-led International Order Versus Eastern Driven Nationalism

Posted on – Turning Point for the World Order: Publications by Said El Mansour Cherkaoui China – Africa: Diplomatic Multipolarity and Business Regionality As of 2021, China is estimated to hold at least 21% of all African debt. In August 2022, the Ministry of Foreign Affairs of the… China Affairs by Said El Mansour Cherkaoui Contact Said El … Continue reading “Western-led International Order Versus

New World Economic Individualization

New World Economic Individualization

Posted on – New World Economic Individualization End of Globalization by the Acceptation of State Subsidization National Security, Supply-Chain Resiliency and Technology Leadership. New World Economic Individualization: National Security, Supply-Chain Resiliency and Technology Leadership and Direct confrontation has never solved anything besides selling weapons and creating a memory of fears that keep buying weapons as a way to reduce … Continue reading“New World Economic

Africa Decade of Geostrategic Rivalries

Africa Decade of Geostrategic Rivalries

Posted on – 29 juillet 2022 Diplomatic Valse around Africa and Target of East and West Charms The Russia – Ukraine conflict had also exacerbated the competition in Africa between the United States, China, the European Union and Russia. Each is actually pursuing an orientation that is an attempt of correction and reinforcement which has evolved in frequent … Continue reading “Africa Decade of

Landmark Legislation: California Facing the World of Artificial Intelligence


Hiring Artificial Intelligence or Smart People

 by Said El Mansour Cherkaoui   TRI CONSULTING KYOTO TRI CK USA – Landmark Legislation: California Facing the World of Artificial Intelligence TRI CONSULTING KYOTO TRI CK USA – A California lawmaker will file a bill seeking to make generative AI models more transparent and start a discussion in the state on how to regulate the technology. California Senator Scott Wiener (D) has drafted a bill requiring “frontier” … Continue reading


A California lawmaker will file a bill seeking to make generative AI models more transparent and start a discussion in the state on how to regulate the technology. California Senator Scott Wiener (D) has drafted a bill requiring “frontier” model systems, usually classified as large language models, to meet transparency standards when they reach above a certain quantity of computing power. Wiener’s bill will also propose security measures so AI systems don’t “fall into the hands of foreign states” and try to establish a state research center on AI outside of Big Tech. 


California lawmaker proposes regulation of AI models

Senator Scott Wiener’s bill seeks to require transparency from AI models.


The bill, which is classified as an intent bill and needs further development before it can pass, will also mandate AI labs to test models for safety risks and disclose to the state if safety risks are found. Wiener’s goal, per a statement sent to The Verge, is to start discussions on regulating AI.


California and Artificial Intelligence: To Be or Not To Be Meaningful Regulation?


California Weighed in below!

California AI safety bill blocked:

California Gov. Gavin Newsom has vetoed a controversial artificial intelligence safety bill that would have “laid the groundwork for how AI is regulated across the U.S.”

In a statement, Gov. Gavin Newsom said SB 1047 is “well-intentioned” but doesn’t consider whether AI is deployed in high – or low-risk situations, and would have applied to only the largest and most costly models.



AI Bill SB 1047 faced opposition from tech companies large and small, who warned that it would strangle innovation.

Newsom said he’s now collaborating with researchers including Fei-Fei Li to create more effective legislation.

Read more Naturally and Intelligently:

California legislature passes AI bill SB 1047: https://www.linkedin.com/news/story/calif-legislature-passes-ai-bill-6144228/

An artificial intelligence safety bill was overwhelmingly approved by California legislators on Wednesday, September 25, 2024 and now heads to Gov. Gavin Newsom for final consideration. If enacted, the “fiercely debated” bill would require tech companies to safety-test AI programs before release and empower the attorney general to sue AI companies for any major harm caused by their technologies.

The bill earned cautious support from the likes and here are some of these reactions:

Elon Musk: “This is a tough call and will make some people upset, but, all things considered, I think California should probably pass the SB 1047 AI safety bill. For over 20 years, I have been an advocate for AI regulation, just as we regulate any product/technology that is a potential risk to the public.”

https://twitter.com/elonmusk/status/1828205685386936567

and Anthropic


While its opponents include OpenAI –

https://www.theverge.com/2024/8/21/24225648/openai-letter-california-ai-safety-bill-sb-1047

and former Speaker of the House Nancy Pelosi – https://pelosi.house.gov/news/press-releases/pelosi-statement-opposition-california-senate-bill-1047 .

Earlier, Gov. Newsom had not yet indicated whether he intends to approve the bill.

Meanwhile, on a federal level, OpenAI and Anthropic have agreed – https://www.bloomberg.com/news/articles/2024-08-29/openai-anthropic-agree-to-work-with-us-institute-on-safety-testing?srnd=homepage-americas – to work on safety testing with the Commerce Department’s AI Safety Institute.

Governor Newsom announces new initiatives to advance safe and responsible AI, protect Californians: Sep 29, 2024

What you need to know:

Governor Newsom announced that the “godmother of AI,” Dr. Fei-Fei Li, as well as Tino Cuéllar, member of the National Academy of Sciences Committee on Social and Ethical Implications of Computing Research, and Jennifer Tour Chayes, Dean of the College of Computing, Data Science, and Society at UC Berkeley, will help lead California’s effort to develop responsible guardrails for the deployment of GenAI.

Governor Newsom also ordered state agencies to expand their assessment of the risks from potential catastrophic events.

Read more Naturally and Intelligently:

https://www.gov.ca.gov/2024/09/29/governor-newsom-announces-new-initiatives-to-advance-safe-and-responsible-ai-protect-californians

California’s Gavin Newsom Vetoes Controversial AI Safety Bill

Governor seeks more encompassing rules than the bill opposed by OpenAI, Meta and supported by research scientists:

https://www.linkedin.com/news/story/california-ai-safety-bill-vetoed-6328801


Gov. Gavin Newsom vetoes AI safety bill opposed by Silicon Valley

Gov. Gavin Newsom vetoed AI safety bill SB-1047, which was opposed by tech companies including ChatGPT maker OpenAI

Newsom said the legislation could give the public a “false sense of security about controlling this fast-moving technology.”

The bill received support from Elon Musk and prominent AI researchers but was opposed by Meta, OpenAI, and several Democratic congresspeople.

SAN FRANCISCO —

Gov. Gavin Newsom on Sunday vetoed SB 1047, an artificial intelligence safety bill – https://www.latimes.com/entertainment-arts/business/story/2024-08-29/newsom-scott-wiener-sb1047-ai-bill – that would have established requirements for developers of advanced AI models to create protocols aimed at preventing catastrophes.

The bill, introduced by Sen. Scott Wiener (D-San Francisco), would have required developers to submit their safety plans to the state attorney general, who could hold them liable if AI models they directly control were to cause harm or imminent threats to public safety.

Additionally, the legislation would have required tech firms to be able to turn off the AI models they directly control if things went awry.

Read more Naturally and Intelligently:

https://www.latimes.com/entertainment-arts/business/story/2024-09-29/gov-gavin-newsom-vetoes-ai-safety-bill-scott-wiener-sb1047

#AI #Artificialintelligence #Safety #Security #Safetybill #Business #Siliconvalley #Startups #Venturecapital #California #Saidelmansourcherkaoui #Triconsultingkyoto #Trickusa 

Said El Mansour Cherkaoui Ph.D.Said Cherkaoui Ph.D. – 9 30 24

Said El Mansour Cherkaoui – Said Cherkaoui – 9 30 24
saidcherkaoui@triconsultingkyoto.com


Starbucks or Starburritos

KNOWLEDGE-BASE, INTELLIGENCE INPUTS, and INFO CORNERSTONE FOR TRI CK USA READERS

Starbucks One Day, Will Be Creating a Subsidiary Named Starburritos

Leadership Modeling

Brian Niccol the New Electrifying Coffee Maker Jack of the Seven Trades Welch Unlike most of his subordinates, Brian Niccol also gets to work from a remote office in sunny Newport Beach, California. He agreed to commute to the coffee chain’s Seattle headquarters and travel as needed to do his job, the company said in a filing. Niccol’s current employer, Chipotle Mexican Grill, is in Newport Beach, California. That’s where Starbucks will pay for a remote office to be set up about 1,000 miles from Seattle. Niccol will keep hitting Golf balls nearby while White-collar employees at Starbucks were required at the beginning of 2023 to return to the office at least three days a week, a move that sparked backlash from some workers.

Americano is coming to Starbucks, Cinnamon and Chocolate will be at frontpage and some may be down the road, we have a touch of Tequila to perfume the new atmosphere welcoming the New Patron-Boss who will have a very tough job coming into a company furlough, store closings and to lay off half the workforce – First on line Unionized Barista and citifying the Drinks, then jumping out with a golden parachute, not from the Golden Gate but from Rossellini Bridge—Evergreen Point bridge while looking at the Stars along the beautiful view: Bellevue, Washington.

Starbucks has made a huge faulty move already, by having picked the wrong CEO which is going to cost Starbucks dearly. Starbucks is poised to pony up a sum of money for at least $120 million, and perhaps millions more, to swap Laxman Narasimhan for Brian Niccol. Do You Starbucks your Dark Sweet Hot Water Drink with Sirop Named Coughing High Priced Coofeenone Again: Would $163 million be so sickening for you? The sum is roughly 11,000 times more than the median Starbucks employee earns.

Would $163 million be so sickening for you?

Hyperinflated CEO pay is a tertiary symptom of capitalism’s malignancy. The sum is roughly 11,000 times more than the median Starbucks employee earns.

How much is this going to cost the Starbucks customer? The cost of these Special Starbucks drinks is already exorbitant.

We have to keep in mind, that Chipotle is not Mexican Food, it is mesmerizing the competitors of the Taco Truck Chain and Taco Bell who run out of sight and grow like the mushrooms they use in their salads.

So the Taco Truck had to move out of sight and hide near liquor stores and gas stations, or parks, or driving Miss Carlota and Jose Crazy going around the blocks looking for construction sites. Taco Bell could not cross the border anymore, stuck by the flood of immigrants at the Sacred Walled border from the Pacific to the Atlantic. Therefore, Chipotle had empty lands where to grow a culture of middle-class managers still identifying the cultural diversity in food taking. They can eat “Mexican Food with California Touch” and learn and speak Spanglish from the menu.

TRI CK USA – COFFEE BREAK – CASE-STUDY – STARBUCKS

Investment without Return: Morocco International PR Campaigns

This article is blatant proof that some managers working to promote Morocco, such as within the Morocco Now Campaign at the international level trying to present its existing potential, skills, and opportunities for the sake of attracting foreign companies, foreign investors, and foreign academic or social institutions. Morocco spends millions to build an image of excellence in attractivity and attractiveness hoping such foreign capital will help reduce unemployment, increase job creation, transfer know-how, and raise the standard of living of citizens.

Imagine then that all its laudable efforts do not take the expected direction nor are carried by competent officials and seasoned and experienced professionals in corresponding areas of Marketing, brand definition, and the strategic enhancement of Morocco’s position on the international scene.


The expectations of the Moroccan State are legitimate given that the expenses that are made at the international level are heavy in sum and impact the returns received by Morocco.  Payments paid by Morocco for the services of foreign companies of Public Relations, International Marketing, and Consulting Firms are made with rates applied on the spot and in addition, are made in the national currency of the country where these companies offer their services. A direct impact on the balance of payments and the convertibility rate of the Dirham may result from these payment transfers.

Considering all these issues, the imperatives and the challenges facing Morocco at the global level are first the multiple repercussions at the intangible and material level. Building the foundations of economic development and growth in the liberal sense seeks foreign participation as the conduit toward integration in the global marketplace and to the network of foreign financial institutions. Within such a frame, it is quite normal to have top-level decision-makers for such international communication and PR about Morocco. They have to be up to the task and know the international terrain that will enable them to sail the vessel Made in Morocco and Morocco Now as Innovative and efficient Leaders on board, knowing effectively the direction and the objective – the destination of all these maneuvers to make this Moroccan vessel arrive safely and to make it a proof of the prowess and the skill and the potentialities that can challenge its competitors as well as organizations of all kinds potentially interested in Morocco as a commercial partner, as a production or investment location or as a destination to visit and to know at the cultural and social levels.



This campaign conducted at Dubai   Morocco Expo 2020 Dubai and the film promoting the launch of  Morocco Now both in Dubai and New York needs to convey the considerations, unfortunately, they did not and I am not the only one to underline it or to take note of it.  

The group presenting this promotion campaign in Morocco in Dubai and Morocco when asked about the impact of these two special promotions and especially how the choice of New York was made, their responses and reactions led through a bombardment by their friends of the media sites by judicious attempts in camouflage in a sheet of prestige and national pride by highlighting and questioning the meaning of patriotism and nationalism to those who dare to ask them such questions. ★

These friends have coincidentally designated Times Square by the name of Time Square, showing their aptitudes for copying themselves and between themselves and demonstrating their glaring lack of knowledge of the field and New York as a Marketplace.

This article takes a look at such actions and reveals the ineptitude and incompetence of some of our managers, so-called Professionals.  

These officials who, once unmasked / and try to question our nationalism and our patriotism, wall themselves in their inability to understand our interrogations and our questions, and given their weakness they opted for the ultimate maneuvers that confirm their skipping, evading the core of their professional responsibilities by exiting through by the door from behind, the Emergency exit. They could not face the reality of the incoherence and incompetent actions.

I let you follow the course and the trajectory of such behavior of a Director of Communication and PR Mrs. Sahar Tlemsani Maghraoui who abruptly canceled her account on LinkedIn when she or one of her superiors realized that their practices have flaws and gaps and that they could not overcome by bogus explanations as they and she faced the common people in Morocco.

Their manipulation was faced with the competence wall of my questions and my interrogations which have only one goal, it is to return to the Moroccan what belongs to Morocco.

Tourisme et Patrimoine Marocain: où sont les Pro, Maalmines et Hrayefiya ?

Tourisme et Patrimoine Marocain: où sont les Pro, Maalmines et Hrayefiya ?

Author Said El Mansour Cherkaoui, Ph.D. Posted on – Encore une nouvelle fois, nos responsables du Tourisme Marocain se font une Gourde Catalane pleine de lumière et de vide culturel, ils prennent le bus pour aller nulle part culturellement parlant puisque le tout est rédigé en Anglais alors que le trajet du bus se fait en Barcelone: VRAIMENT CES RESPONSABLES DU TOURISME MAROCAIN – … Continue reading“Tourisme et Patrimoine Marocain: où sont les Pro, Maalmines et Hrayefiya ?”

THEY ARE GETTING CLOSER TO DAVID CHAPELLE – IS THIS THE SAME JOCK AND SAME JOCKER

★ Morocco Now Inflates Energy and Spends Money Without Considering Reality ★

★ Another Gaffe Full of Exaggeration and Inflating the Share of Renewable Energy in Morocco ★

Morocco Now 19,005 followers • 1 day ago Morocco Now, Sustainable

A strategic vision, and swift progress in decarbonizing the industry!

Morocco Now is the future-proof platform to capture opportunities in a changing world.

#MoroccoNow #Sustainable #Competitive #WellProven #Agile

This image has an empty alt attribute; its file name is morocco-now-exageration-de-lenergie-renouvelable.jpg

likecelebratelove 448 Abdelhadi Benghini and 447 others

Dr Said GUEMRA 2nd degree connection 2nd Expert Conseil en Management de l’Energie 4.0 1d To my knowledge, the share of renewable energies in 2020 in the Moroccan energy mix is ​​17.8%, I do not see where 37% comes from in the energy mix in 2020. The installed capacity in renewables was 31.7% of the total installed capacity excluding step. If we are talking about the electricity mix, we must say 17.8% in 2020, and not 37%.

Soufiane ELMAAZOUZI out of network 3rd +Ingénieur Chargé d’affaires fluides 13h Greetings sir said, you explained well Like like 1 Reply

said LEFRERE 2nd degree connection 2ndIngénieur Génie climatique -Groupe ARTELIA 3 pm You are very nice, but you should not start to salt the image of “Morocco Now” by sharing such a completely erroneous statement.
Either the rate indicated or the term “Energy Mix” should be edited. Like like  2

Dr Said GUEMRA 2nd degree connection 2nd Expert Conseil en Management de l’Energie 4.0 2 pm Perfectly. it was necessary to come out with figures corresponding to reality. In this area there is the electricity mix which is 17.8%, and the energy mix (in primary energy) which is 8.2% in 2020. I do not know what mix is ​​talking about this publication which does not help this. beautiful image that we want to give: Morocco Now. ONEE’s balance sheet is public, and nothing can be hidden or inflated

Said El Mansour Cherkaoui, Ph.D. You★ Consultant ★ International Supply Chain ★ Organizational Management ★ Entrepreneurial Planning ★ United States of America ★ France ★ Morocco ★ China ★ Sub-Saharan Africa ★

Dr Said GUEMRA

Morocco Now Inflates Energy and Spends Money Without Considering Reality

Another Gaffe Full of Exaggeration and Inflating the Share of Renewable Energy in Morocco

I don’t know why, those responsible for this good initiative that is Morocco Now, make a fool of it and have a bad performance, there is a sense of wanting to sing faster than the music and to run faster than the authentic lifestyle

The worst is when we show them that the reality is quite different, they play you the card of patriotism and nationalism which becomes exhausting and stupid or they shirk and disappear completely from circulation, read this completely. article that I wrote for this purpose below and which describes this voluntary lack of professionalism and integrity on the part of Morocco Now.

INTERNATIONAL IMAGE OF MOROCCO HUB: WHERE ARE THE PROFESSIONALS?

Morocco Now 18,887 followers • Edited • 1 week ago

Thanks to all the transport and logistics mega projects achieved, Morocco is leading the infrastructure ranking in Africa.
Learn more at www.morocconow.com

#MoroccoNow

  • likelovecelebrate 2,634 Karim Basrire and 2,633 others
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Said El Mansour Cherkaoui, Ph.D. You★ Consultant ★ International Supply Chain ★ Organizational Management ★ Entrepreneurial Planning ★ United States of America ★ France ★ Morocco ★ China ★ Sub-Saharan Africa ★

Morocco Now

Vous présentez et vous tentez de mettre en relief l’infrastructure du Maroc mais vous omettez de bâtir une structure structurée de l’infrastructure:  le Chasseur Chassé

A picture is worth 1000 words

and in the case of Morocco is still confused with Monaco

Make A picture of Morocco that is worth and is an expression of 1000 and 1000 years of civilization.

The Map should be clearer.  Needs a better picture for such a promo and an international level of quality

There is harsh competition around the world just for looking good and where the first impression is the one that wins. 

In addition with all these generic and stereotyping trends, it is better not to give them the chance to expand.

At any cost do not make Morocco look in a FUZZY PICTURE LIKE THE ONE HERE with no quality presentation.

En plus, dans cette carte, on ne peut déchiffrer ni les noms des sites ni les liaisons de la logistique des transports.

Said El Mansour Cherkaoui, Ph.D.
Africana Enterprise Advanced Education ★
TRI CONSULTING KYOTO – TRI CK USA CALIFORNIA

Dakhla: Créneau Régionalisation – Urbanisation Territoriale – Intégration Opérationnelle au Sud du Maroc

Le littoral dans le développement du Maroc et de sa politique atlantique “Le littoral atlantique du Maroc a toujours été un domaine d’implantations humaines et économiques variées, représentant un patrimoine culturel développé sur des paysages précieux, des sites d’intérêt biologique, historique et archéologique. Il concentre l’essentiel des activités de création de richesse du pays, notamment … Continue reading Dakhla: Créneau Régionalisation – Urbanisation Territoriale – Intégration Opérationnelle au Sud du Maroc

TRI CONSULTING KYOTO TRI CK USA


Advantages of Investing in Morocco October 2, 2023 In “Energy and Electricity”

Invest Morocco Project November 3, 2023 In “Africa”

What are the reasons for investing in Morocco? November 13, 2023 In “Foreign Investment”

TRI CK USA achievements around the World

Said El Mansour Cherkaoui, a well-known scholar and analyst, has provided valuable insights into the relationship between the United States and Morocco. Here are some key points from his analysis:

Dr. Said El Mansour Cherkaoui contributions extend beyond borders, fostering connections and collaborations across continents 4.

Said El Mansour Cherkaoui

saidcherkaoui@triconsultingkyoto.com

#afrique #usa #california #bayareasf #sanfrancisco #oakland #morocco #france #europe #saidelmansourcherkaoui #trickusa #triconsultingkyoto #international #california

Academic and Research Collaborations:

Said El Mansour Cherkaoui collaborates with universities, research centers, and academic institutions globally.

Joint research projects, student exchanges, and faculty collaborations enhance cross-cultural understanding and knowledge transfer.

1 scholar.google.com – 2 medium.com 

Dr. Said El Mansour Cherkaoui has been actively involved in various academic collaborations and international conferences.

Dr. Said El Mansour Cherkaoui Professional Profile at LinkedIn

Dr. Said El Mansour Cherkaoui has authored 94 articles on LinkedIn providing insights into the influences and challenges arising from the evolution of global affairs and international relations, trade, and business. 2.

LinkedIn Profile: Said El Mansour Cherkaoui Ph.D. ★ Senior Policy and Business Adviser ★ Consultant ★ News Executive Editor ★ Public Speaker ★ February 13, 2024

https://www.linkedin.com/in/drsaidcherkaoui

Said El Mansour Cherkaoui’s Scholarly Contributions

Dr. Said El Mansour Cherkaoui’s scholarly work extends to areas like international businessinternational developmentbusiness strategy, and entrepreneurship 4. Dr. Cherkaoui academic pursuits include affiliations with institutions such as Université de la Sorbonne, Paris IIIInstitut des Hautes Etudes de l’Amérique Latine, and Paris Sciences Po, Grenoble Tate Yoko Research Institute.

Said El Mansour Cherkaoui Research and Publications on Latin America: Argentina, Brazil, Chile, Mexico and Peru

Dr. Said El Mansour Cherkaoui’s academic pursuits include research in the fields of economics, finance, and development politics. 

Publication on the Economic Development of Brazil at the Centre National de la Recherche Scientifique de Paris par Said El Mansour Cherkaoui:
La relation ambivalente entre l’Etat fédéral et les grands groupes d’intérêts privés au Brésil dans la première moitié du XXe siècle,

Auteur: CHERKAOUI, S. El Mansour
Centre National de la Recherche Scientifique, Paris, France Source1985, ref : 4 p Type de document Report Langue French Classification Francis 533 Amérique latine / 533-30 Histoire
Discipline Latin america Provenance Inist-CNRS Base de données FRANCIS Identifiant INIST 12001549

Said El Mansour Cherkaoui Research and Publications on Latin America: Argentina, Brazil, Chile, Mexico and Peru

“Economie politique du subcapitalisme en Amérique latine (1830-1930)” delves into the economic dynamics of subcapitalism in Latin America 3.

Thèse de Doctorat de CHERKAOUI Said El Mansour 

Réf ANRT : 13965 – Lille : ANRT, 1993.- 2 mf. ; 403 p., tabl., graph., ill., photogr..- bibliogr. 16 p.
Thèse doctorat : Paris, Univ. Paris 3, IHEAL : 1992
 Economie ; Histoire économique ; Capitalisme ; Libre-échangisme ; Développement inégal ; Relations Nord-Sud ; Siècle 19 ; Siècle 20 : première moitié ; 1830-1930 ; Amérique latine ; Argentine ; Brésil ; Chili ; Pérou
 N° : MF-92/PA03/0099

https://books.google.com/books/about/Economie_politique_du_subcapitalisme_en.html?id=GqOPZwEACAAJ


Field Research in Mexico on North American Free Trade Agreement – 
NAFTA

Publication by the Golden Gate University Review, San Francisco, and Interview of Cuauhtémoc Cárdenas. Published in France

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A Toutes et Tous les Membres de Notre DIASPORA OF AFRICAN EXECUTIVES

To All Members of Our DIASPORA OF AFRICAN EXECUTIVES

Silver Screen Shot on the Projection of Inter-National and Inter-Cultural Lights

All the pleasure is for my definition of human relationships and joy as my first name indicates to offer you such a shortcut around the World of Business and Regional Human Cultures, which is in fact only the end of the Atlas – The Peak of the Atlas Mountain – the Place of the Birth of my Own Ancestors. The best is still to come.

My writing below is a “personalized” professional testimony conveying a multiplier dedication to adapting to the variety of operational references and responding to the diversity of opportunities and the human environment in which the local business conditions and regional and national practices of the predominant relational culture.

Thus, my roles and office functions were more and encompassed more of the single and simple honorable profession of an actor or director but embraced realistic and surrealistic aspects of global scope while identifying in the panorama of the territorial affairs of California and the United States of America – Designed in California and Made in the USA and presented by Said Cherkaoui Ph.D..

While the international scene and framework on which I continue to this day my stagings and performances remain direct, spontaneous, derived, and driven by my deep desire to lay foundations of rapprochement and bridges of communications between countries distant entities, neighboring entities, and distant organizations as well as individuals from various similar and non-identical backgrounds.

I contributed a lot to the San Francisco World Trade Center and the San Francisco Chamber of Commerce for decades both in San Francisco and in Oakland, California, with my work and my achievements on the international level during the period in which I been in the CITD and since then I continue to sail beyond the horizons of the Pacific and other shores in this time close in conjugation and distant in expression.

To conclude in style and combine business with pleasure, I am going to add more salt or spices to my international recipes simmered in English but fashioned in the style of Jacques (without any) Pépin and Paul Bocuse (not from Vaucluse) and where you can also taste the flavor of Senegal (Rahma wa Ghofrane} like other regions of the rest of Africa and this according to your choice first through and in the content of this link which can also give you more appetite for reading my other adjacent, corresponding and complementary publications in the staging of a constructive memory and a renovating present for intelligent solutions adaptable to current challenges, prospective requirements and potential risks, such is the destiny of my work and my contribution to this common destiny of existence.

Do not hesitate to share with me your impressions, remarks, initiatives, and opportunities for transatlantic and trans-African collaboration.

Best wishes to you for success.

À tous les membres de notre DIASPORA OF AFRICAN EXECUTIVES

Capture d’écran argentée sur la projection de lumières inter-nationales et inter-culturelles

Cliché sur la Projection de Lumières Inter-Nationales et Inter-Culturelles

Tout le plaisir est pour ma definition des rapport humains et de la joie comme mon prénom l’indique de vous offrir un tel raccourci autour du Monde des Affaires et des Cultures Humaines Régionales, qui n’est en fait que le bout de l’Atlas – The Peak of the Atlas Mountain – the Place of the Birth of my Own Ancestors. The best is still to come.

Mon écrit ci-dessous est un témoignage professionnel “personnalisé” véhiculant une dedication multiplicatrice s’adaptant à la variété des références opérationnelles et répondant à la diversité des opportunités et de l’environnement humain dans lequel s’est traduit et s’est imbibé des conditions locales des affaires [Business] et les pratiques régionales et nationales de la culture relationnelle prédominante.

Ainsi, mes rôles et fonctions d’office étaient plus et s’englobaient davantage de la seule et simple profession honorable d’un acteur ou de metteur en scène mais embrassent des allures réalistes et surréalistes de portée globale tout en s’identifiant dans le panorama des étendues d’affaires territoriales de la Californie et des Etats Unis d’Amérique – Designed in California and Made in USA and presented by Said Cherkaoui Ph.D..

Alors que la scène et la trame internationales sur laquelle je continues jusqu’à ce jour mes mises en scéne et performances demeurent directes, spontanées, dérivées et conduites par mon profond désir d’étaler des fondations de rapprochement et des ponts de communications entre les contrées lointaines, les entités voisines et les organisations distantes ainsi que les individus de divers horizons similaires et non identiques.

I contributed lot to the San Francisco World Trade Center and the San Francisco Chamber of Commerce et cela pour des decennies tant a San Francisco qu’a Oakland en Californie, avec mon travail et mes réalisations sur le plan international durant la période ou j’ai été dans le CITD et que depuis lors je continues a voguer par dela les horizons du Pacifique et autres rivages en ce temps proche dans la conjugaison et distant dans l’expression.

Pour conclure en beauté et joindre l’utile a l’agréable, je vais ajouter plus de sel ou d’épices à mes recettes internationales mijotées en Anglais mais façonnées a la Jacques (sans aucun) Pépin et Paul Bocuse (pas du Vaucluse) et oû vous pouvez aussi goûter la saveur du Sénégal (Rahma wa Ghofrane} comme des autres régions du reste de l’Afrique et cela selon votre choix en premier a travers et dans le contenu de ce lien qui pourra aussi vous donner plus d’appétit pour la lecture de mes autres publications adjacentes, correspondantes et complémentaires dans la mise en scène d’une mémoire constructive et d’un présent rénovateur pour des solutions intelligentes adaptables aux défis et courantes, aux exigences prospectives et aux risques potentiels, tel est le destin de mon labeur et de mon apport dans cette destinée commune d’existence.

N’hésitez pas de partager avec moi vos impressions, remarques, initiatives et opportunités de collaboration transatlantique comme transafricaine.

Bien a vous avec mes souhaits de réussite.

Dr. Said El Mansour Cherkaoui Business, Research, and Academic References

Dr. Barbara Beno Presidente of Vista Community College and Dr. Said El Mansour Cherkaoui Consultant at CITD


In 2004 Dr Said the Government of China invited El Mansour Cherkaoui as a reward for his treatment and the good reception and excellent work he provided to the visiting Chinese delegations from 1994-1995.  He visited Beijing, Shanghai, and Guizhou providing training and preparing international business plans for Chinese companies and executives.  See details in links with Said El Mansour Cherkaoui and China

Dr. Said El Mansour Cherkaoui’s impactful role in fostering U.S.-China relations and facilitating collaboration is commendable. 

Invitation by the Chinese Government:

In recognition of his outstanding work and contributions, Dr. Said El Mansour Cherkaoui received a special invitation from the Government of China.

This invitation served as a reward for his exceptional treatment, warm reception, and excellent services provided to visiting Chinese delegations from 1994-1995.

Destinations:

Dr. Cherkaoui embarked on a significant journey, visiting key cities in China:

Beijing: The political and cultural heart of China.

Shanghai: A global financial hub and bustling metropolis.

Guizhou: Known for its natural beauty and emerging economic development.

Training and Business Plans:

During his visit, Dr. Cherkaoui engaged in impactful activities:

Training: He provided specialized training sessions for Chinese executives and companies.

Business Plans: Dr. Cherkaoui prepared international business plans, guiding Chinese companies toward strategic growth and global expansion.

Legacy and Collaboration:

Dr. Said El Mansour Cherkaoui’s visit strengthened U.S.-China ties, fostering understanding and cooperation.

His commitment to cross-cultural exchange and business development resonates in international trade circles.

Dr. Cherkaoui’s visit exemplifies how visionary leaders bridge nations, create dialogue, and drive meaningful outcomes. His legacy lives on in the enduring partnerships forged during this historic visit. 

For more details, you can explore the content on the following links:

Africa – Afrique

Said El Mansour Cherkaoui: Africa – Afrique

Said El Mansour Cherkaoui Works on Africa Regional and Trade Integration. Said El Mansour Cherkaoui ★ Africa ★ Afrique See the proven track … Continue reading

China Global Trade Relations and Regional Geo-Interests Cooperation in the Middle East

Compilation of news and reports by Said El Mansour Cherkaoui – Updated: 2018-07-11 02:06 President Xi Jinping and guests enter the Great Hall of the People in Beijing … Lire la suite

CHINA TODAY

Dr. Said El Mansour Cherkaoui Invited by the Central and Provincial Governments of China with Dr. James Garrett and the East Bay Center for International Trade Development – Guiyang, Guizhou Province … Continue reading

China Global Trade Relations and Regional Geo-Interests Cooperation

China Real Outlook and Authentic Insights

https://www.facebook.com/africamoroccodiaspora/posts/895391765928945

China Today

– 1 2 3 4

Learn more

1 – https://globalleverage.wordpress.com

2 – https://chroniquecherkaoui.wordpress.com

3 – https://facebook.com

4 – https://triconsultingkyoto.com

5 – https:// triconsultingkyoto.com


Artificial Intelligence, Entrepreneurship, Intrapreneurship and Innopreneurship

Small and Medium Sized Enterprises (SMEs) are the potential stars of this new economic model.  Thus, they can fulfill customer needs before their larger competitors in the market can.   On the other hand; it’s significant for SMEs to adopt and implement proactive strategies while being aware of the opportunities and threats inside and outside the market.   There are 28.8 million small businesses in the United States, according to the U.S. Small Business Administration, and they have 56.8 million employees. Small businesses (defined as businesses with fewer than 500 employees) account for 99.7% of all businesses in the United States of America. *

Informal Sector versus Corporate Corporatism: To be Intrapreneurship or to be Entrepreneurship?

What are the qualities/Characteristics of an Entrepreneur?

Entrepreneur takes an idea & makes it into reality.

Entrepreneurs take risks. Risk of time, money, etc.

Entrepreneurs is optimistic about the future.

Entrepreneurs are innovators. They invent new products, services, processes, or methods.

Entrepreneur enjoy freedom & use it betterment of their customers & ultimately for society.

Entrepreneurs have a strong focus on anything they are doing.

Entrepreneur is confident, optimistic & loves facing challenges in life & business.

Entrepreneurs make decisions independently.

There are various types of entrepreneurs. We will see some of it.

Industrial Entrepreneurs: They are in the business of manufacturing products. E.g. Manufacturing of automobile parts.

Trading Entrepreneurs: They are in the business of buying & selling products or services. E.g. Traders of Houses.

Imitative Entrepreneurs: These types of businesses copy other successful businesses & run the business similarly.

Drone Entrepreneurs: These types of entrepreneurs don’t like to change their business style. They don’t involve innovation. They just want to be like how they are.

Fabian Entrepreneurs: They don’t change until it is very much needed. They adopt change when it is very necessary.

What are the various functions of Entrepreneurs?

The main function of an Entrepreneur is to take risks.

The second function is to start the enterprise.

The third function is to keep an eye on the internal & external environment.

The fourth function is to make arrangements for necessary resources.

The fifth function is to deliver products/services to customers.

Concept of Intrapreneurship

Entrepreneurship in any business is called Intrapreneurship. The development of a product/service in a corporation as a semi-autonomous business unit is called Intrapreneurship.

What causes barriers to Intrapreneurship?

Rigid nature of big corporations.

Expectations of profit in very short duration.

Lack of entrepreneurial qualities.

Lack of resources required for entrepreneurship.

Innovation

One of the key requirements for entrepreneurship is Innovation.

Innovation is nothing but new ways of doing old tasks. Innovations can be Chemical, mechanical, managerial, technical, institutional, service, etc.

According to Joseph Schumpeter, there are five types of innovations.

Introduction of new & good quality product.

Introduction of a new method of production.

Introduction of a new market.

Use of some new sources of supply as raw material.

They are making a new organizational form of industry.

The innovation process in Entrepreneurship includes the following steps.

Research of market

Development of product/service

Marketing of product/service

Production

Use by customer

Feedback from the customer

Natalia Nikolova (NN): Typically, intrapreneurship is defined as entrepreneurship initiatives and practices within existing organizations. The goal of intrapreneurship is to revitalize and keep established organizations competitive long term. Established companies are generally found to be less innovative than smaller ones or startups.

Intrapreneurship is key to addressing disruption – studies have found that corporations are becoming increasingly short-lived, thanks to being disrupted by newcomers. For example, since 2000 more than half of the S&P 500 companies have disappeared. With accelerating technological change, innovating becomes critical if companies are to survive.

The implications for the future of work are that every employee will be expected to have an entrepreneurial mindset and contribute to the innovation capability of their company.

MMP: In what ways do intrapreneurs contribute to the development and success of innovative organizations?

How are innovation-led organizations different from their competitors?

NN: Intrapreneurs contribute to the renewal and competitiveness of organizations given constant technological changes. For example, through the development of new business ventures that could either be integrated into the existing organization or be spun off independently; new products/services, product/services improvements, and new strategic directions for the organization.

However, established organizations can’t just rely on a few ‘lonely’ intrapreneurs. Research has shown that the most successful intrapreneurs and innovation-led organizations have supportive cultures and structures, and are connected with external partners in extensive innovation ecosystems, including universities, research institutions, and other companies.

This is what sets innovation-led companies apart: they have been successful in establishing organizational cultures where initiative is rewarded and failures are encouraged. They have structures, processes, and senior leadership that are supportive of innovation, and they have built an ecosystem of partners that enables these organizations to constantly bring in new ideas into their organizations.

MMP: Can any organization be innovation-led, or is it more relevant for some rather than others? Are there simple changes that can be implemented in the short term? And what about the long term?

NN: With accelerating innovation change, every organization needs to aim to become innovation-led. We all have been reading about significant changes caused by new technologies such as AI, VR (virtual reality), blockchain, and big data. These technologies will impact every type of organization. However, some researchers have argued that in highly turbulent and uncertain markets, it could be beneficial for companies to scale back on innovating until they can better understand the future directions of these markets.

In the short term, many established organizations have chosen to set up separate innovation labs. These are usually set apart from the rest of the organization so they can operate uninhibitedly. However, such labs often don’t work, as this recent commentary demonstrates.

My own research, though, on the innovation lab of an Australian ASX 200 company, shows how they can be a good starting point to establish an innovation mindset and culture. Longer term, companies need to pursue a double strategy: developing an internal innovation capability and partnering externally – including cooperating with and even acquiring, innovative companies/start-ups. This is a strategy many leading tech companies are pursuing.

MMP: Do you have any guidance regarding the challenges creative companies face when developing innovation strategies? What can they take from tech companies and vice versa?

NN: Research on creative companies has shown that many creative companies while being quite innovative, are less business-savvy concerning turning new ideas into profitable business models. This is something that has plagued the creative industries sector for quite some time – individual creativity often drives the success of the organization, but they struggle to create a sustainable business model to scale up this creativity.

Creative companies could learn from tech companies to put more focus on the scalability of their creative ideas and how to develop financially sustainable business models. On the other hand, tech companies can learn from creative companies how to ensure that their employees remain creative and innovative, even if they are part of larger organizations with bureaucracy and managerial practices that often stifle innovation. In many ways, the stories we hear from organizations like Alphabet/Google and Apple, about the playful environments they have created for their employees and the flat hierarchies they have established, are in line with how smaller creative companies operate. Yet, Amazon, for example, has been under the spotlight, because of the stifling practices and toxic culture its employees have experienced.

The question of how to keep the creative/innovative mindset as organizations grow is critical to ensure that large organizations, whether tech or not, can continue to be innovative.

Dr Natalia Nikolova is a Senior Lecturer, at UTS Business School and Faculty of Transdisciplinary InnovationProfessor Margaret Maile Petty is UTS Executive Director, Innovation and Entrepreneurship.

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Innovative corporations cultivate entrepreneurial-minded professionals to become actively engaged in creating new business opportunities within the firm, often called corporate venturing–or intrapreneurship.  Intrapreneurship is also known as corporate entrepreneurship and corporate venturing (Burgelman 1983; Burgelman 1984; MacMillan et. al. 1986).  it is the practice of developing a new venture within an existing organization, to exploit a new opportunity and create economic value (Pinchot 1985).

Entrepreneurship by contrast is the act of developing a new venture outside an existing organization.  The traditional entrepreneur shall now act as an innovation hunter to proactively be able to set up new smart businesses; ideally from the beginning, till the end of any business life cycle.

The term entrepreneur, etymologically originates from the French word entreprendre meaning “to begin something, undertake.” During medieval times, this word was being used to describe an active working person [4]. However, in economic theory, it was Richard Cantillon (1759), -an Irish economist of French descent- first, who first used the term entrepreneur. According to Cantillon, the entrepreneur is a specialist in taking risks [5].

Risk-taking is one of the famous attributes of entrepreneurs which is also frequently emphasized in the literature. Spiritually, some people are observed to tend to behave extra-ordinarily. As Jobs addresses; “You have to trust in something—your gut, destiny, life, karma, whatever—because believing that the dots will connect down the road will give you the confidence to follow your heart, even when it leads you off the well-known path, and that will make all the difference [6].” Taking the risk phenomenon and the spiritual reflections into consideration; it can easily be summed up that entrepreneurship has something to do with inner-journey.

Another emphasis on entrepreneurship is its presentation as a mindset. “Entrepreneurship is first and foremost a mindset. To seize an entrepreneurial opportunity, one needs to have a taste for independence and self-realization.” said Olli Rehn, a member of the European Commission [7]. Understanding the entrepreneurial mindset requires a certain threshold of empathy. First of all, entrepreneurship is the story of ambiguity. An anonymous supporting quote is likely to highlight the gist of entrepreneurship. It’s as follows: “Anyone, (can be an entrepreneur) who wants to experience the deep, dark canyons of uncertainty and ambiguity; and who wants to walk the breathtaking highlands of success. But I caution, do not plan to walk the latter, until you have experienced the former [8].” In this regard, as Schumpeter also points out; entrepreneurs seem to have some heroic vision. Schumpeter focused on high-level entrepreneurship, and larger businesses [9]. On the other hand, Marshall examined smaller businesses, partially [10]. It was Hayek and Kirzner, who examined the entrepreneurs as middlemen hoping to profit by buying cheap and selling expensive [11].

Stopford and Baden-Fuller considered entrepreneurs as opportunists even in chaotic situations, and they also metaphorically approached entrepreneurship. According to them, entrepreneurs are like Olympic athletes, long-distance runners, symphony orchestra conductors, and top-gun pilots…These metaphors underline the entrepreneurs’ being ambitious, determined, self-challenging, and talent for synchronizing [12]. [Source: Mehmet Çağrı Gündoğdu]

[youtube https://www.youtube.com/watch?v=ya4acTFOzLk]

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When it comes to defining entrepreneurship; it can easily be discovered that various people have defined entrepreneurship differently. Despite this fact, the most common classification follows the mainstream of Collins and Moore; who claimed two types of entrepreneurship, differentiating due to the context of entrepreneurial activities undertaken. These are, firstly, independent entrepreneurship and independent entrepreneurs (similar to entrepreneurship/traditional entrepreneurship and entrepreneurs/traditional entrepreneurs in this paper), implying the process whereby an individual or a group of individuals, acting independently of any association with an existing organization, create a new organization [13].

Secondly, corporate entrepreneurship and administrative entrepreneurs (similar to intrapreneurship and Mehmet Çag˘rı Gündog˘du / Procedia – Social and Behavioral Sciences 41 ( 2012 ) 296 – 303 299 intrapreneurs in this paper), implying the process whereby an individual or a group of individuals, in association with an existing organization, create a new organization or instigate renewal or innovation within that organization [14]. A brief definition of an entrepreneur, inspired by Kuratko, can be made as the following: An entrepreneur is an undertaker who notices and seizes opportunities; converts those opportunities into commercial ideas; adds value via processes, effort, capital, or capabilities; and confronts the risks of the competitive market to apply those ideas; and what an entrepreneur accomplishes, is therefore called entrepreneurship [15]. Now, entrepreneurial activities within an existing organization, namely intrapreneurship will be discussed.

Intrapreneurship

The study of intrapreneurship, implying entrepreneurial activities conducted within existing organizations, has expanded over the last three decades [16]. Most research in this field has focused on the possibility; that managers and individual employees could be inspired to behave entrepreneurially; create innovations, and obtain profit and growth through these innovations [17], [18], [19], [20], [21].

This is about a powerful foresight that managers and their organizations can form an ambiance that fosters to create and manage new businesses within the existing organizational framework [22], [23], [24].  Scholars have shown the tendency to divide entrepreneurship into two sub-titles according to its operating context. On one hand, it’s common to use entrepreneurship or independent entrepreneurship to describe the entrepreneurial efforts of individuals operating outside the context of an existing organization.

On the other hand, different terms can be seen in the literature implying the entrepreneurial efforts within an existing organization such as corporate entrepreneurship as Burgelman and Zahra used respectively in their separate studies; corporate venturing which Biggadike mentioned; Pinchot’s intrapreneuring; internal corporate entrepreneurship of Jones and Butler; Schollhammer and Vesper’s internal entrepreneurship; Guth and Ginsberg’s strategic renewal and venturing of Hornsby, Naffziger, Kuratko, and Montagno [25], [26], [27], [28], [29], [30], [31], [32].

Here, only intrapreneurship is being used for a common purpose, referring more likely to Pinchot’s view of defining intrapreneurs as the “dreamers who do”; those who take hands-on responsibility for creating innovation of any kind within an existing organization [33]. Innovation is the next topic to be examined.

Entrepreneurs willingly sign up for a wide spectrum of possible outcomes, ranging from big wins on one end to massive losses on the other. Not so with intrapreneurs who have made the conscious decision to receive a paycheck from an organization largely to avoid risk, and they therefore do not expect huge financial gains.

Entrepreneurs have the luxury of building a company’s culture from scratch, while intrapreneurs often fight against a long history of many deeply held and widely shared beliefs, assumptions, and practices—some of which run counter to intrapreneurship itself. Is innovation infused into the DNA of your organization, or is your culture lethal to innovation?

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The cultural archetype of the Intrapreneur serves as a prototype for the employee of the future.

Intrapreneurship as the new way of working?

That is where intrapreneurship comes in. Originally, when first introduced by Gifford and Elizabeth Pinchot in 1978, intrapreneurship referred mostly to managing a P&L inside of a larger organization. Since then, the concept has expanded beyond the structural into also covering cultural domains.

Intrapreneurs are sometimes referred to as corporate entrepreneurs, and while they both require self-reliance, self-management, and self-organization, there is a big difference between the two: On a most basic level the risk and reward structures: As an entrepreneur, the risk is high, but so are the potential rewards (you might just create the next unicorn and become a gazillionaire). As an intrapreneur, there is lower risk, there is that steady paycheck, but there is also a much lower reward, often at best a promotion — at least until corporations catch up and create new appropriate incentive and ownership structures.

That is why purpose and permission are key to intrapreneurship. They provide the necessary intrinsic motivation to keep going — often despite the organization and its response to innovation.

Personal purpose connected with organizational purpose, the permission and psychological safety to act on it, and the effective use of AI support will define the successful intrapreneurial workforce of the future.

It will require individuals on any level of the organization to understand and live the organizational purpose, continuously focus on creating customer value, empathize and learn, and build new processes and systems — and ultimately offerings — together with AI support to provide better intelligence, enable repeatable processes and allow a new level of adaptability.

Companies like IBM have already successfully begun another transformation phase. To support the use of their AI Watson and turn their employees into customer advocates enabled by intelligent technology, they have trained more than 90,000 of their employees in design thinking.

Design thinking is only the first step, we need LEAN and agile methods to move new ideas into actual businesses, as well as the organizational support to take an idea from the first signal to launching prototypes, MVPs, and ultimately ever new product line.

Many companies are beginning to understand that leadership and innovation have to come from everywhere in the organization and have initiated various forms of intrapreneurship programs.

From our work with clients and conducted workshops at several intrapreneurship conferences over the last years, we have noticed how the themes of culture and human transformation have continued to gain momentum and attention.

Intrapreneurs by definition are not as autonomous as entrepreneurs, although they’re typically (and mistakenly) made to believe they are. When reality hits and would-be intrapreneurs are told that they can’t do something, disillusionment quickly eclipses optimism, and cynicism takes root. Because they are part of a bigger organization with well-established policies and procedures, they will most likely never become completely independent.

Entrepreneurs directly hire marketing, advertising, R&D, design, engineering, and sales talent. They establish these relationships from the vantage point of a boss or customer. Intrapreneurs, however, are employees and must negotiate for these and other scarce resources, subject to internal availability and competing projects.

Innovation

Innovation has emerged as a headline in the field of business management, recently. Kuratko determines the magic words to describe the new innovation way of our time: Dream, create, explore, invent, pioneer, and imagine [34]. Innovation itself is undergoing change [35]. The etymological roots of innovation stretch to the Latin word innovare, meaning to do something new [36]. Most of the innovation definitions have focused on similar points with different perspectives. The key common points imply change and renewal for a better situation. The Organization for Economic Cooperation and Development (OECD), inside the Oslo Manual—the source of information regarding international technological developments— defines innovation by linking it to technological change.

According to OECD, innovation means “completing products and services by developing them technologically [37]. The European Union (EU) has made a broader definition. To the EU, innovation introduces the change in workforce talent, working conditions, and managerial and organizational jobs. Also, it’s about renewal and growth in product and service range [38]. In addition to this, a well-known expression about innovation; characterizes it as the process of converting new ideas into value-creating outputs such as new products, methods, or services. With the help of innovation; companies acquire the  300 Mehmet Çag˘rı Gündog˘du / Procedia – Social and Behavioral Sciences 41 ( 2012 ) 296 – 303 ability to develop and apply not only new products, processes, or designs but also new operation and business models [39].

After having experienced enormous financial crises all over the world in recent years; company survival has emerged as the most crucial issue both for SMEs and even some large companies [40].  SMEs, as the increasing value of the new economy, are obligatorily undertaking the mission of being innovative. It’s innovative SMEs that will lead the way to economic recovery. Now, the innopreneurial thought will be scrutinized in the light of entrepreneurship, entrepreneurship, and innovation.

The traditional definition of entrepreneur and intrapreneur has become insufficient in the new economy  

Intrapreneurship, innovation, and the future of work

30 NOVEMBER 2017

How are entrepreneurial approaches disrupting the corporate world from within? Professor Margaret Maile Petty and Dr Natalia Nikolova caught up to discuss how today’s businesses anticipate and prepare for the future of work. Margaret Maile Petty (MMP): We hear a lot about entrepreneurship from the government and in the media, but not so much about intrapreneurship. What is it, and why is it central to addressing disruption and adapting to the future of work?

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American Institute for Entrepreneurship in Africa

A Prototype Emerging From the New Economy

The Innopreneur— Beyond the Optimum Synthesis of Entrepreneur, Intrapreneur and Innovation.  It has been long, having dispelled the myth that “the entrepreneurs are born, not made.” Drucker confirms this opinion regarding entrepreneurial thought: “Most of what you hear about entrepreneurship, is all wrong. It’s not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and, like any discipline, it can be learned [41].”

Likely, innopreneurship, can be learned via education, training programs, strategy formulation, and a well-comprehended strategic management view. Undoubtedly, a certain level of enterprising talent is underlying. It’s not a desired outcome to be thought that the traditional entrepreneurs will be eliminated because of the new emerging character, innopreneur. But, it’s true for traditional entrepreneurs, who take the risk and invest the capital in a self-confident manner, that they should remedy themselves by making the necessary adjustments; to become an innopreneur.

Like the organizations being exposed to entropy; traditional entrepreneurs are facing the danger of being pushed to the outside of the system. The concept of entropy implies the tendency that exists in every system; toward the exhaustion of energy, losing the balance, disorder, and finally leading to demise of the system [42]. Besides; negative entropy, which is possible in open systems (biological and social systems that interact with the environment), means preventing the negative effects of entropy with the help of knowledge, energy, and materials taken from the environment [42]. In biological systems, entropy may cause death; and in social systems like enterprises, it may cause all the operations to stop, ultimately [42].  To make it reverse, and maintain sustainable competitive advantage; traditional entrepreneurs should transform themselves into innopreneurs.

The increasing significance of SMEs as the main constituents of the new economy was emphasized at the beginning of this paper. Innopreneurs; as the steering leaders of SMEs in this new economic framework, while protecting the traditional values and traits of entrepreneurs; will have to reach beyond. Innopreneurs should constantly enter into positive change and make efforts for innovation. They should continuously update and develop themselves also intra-business, maintaining the aspects of being an intrapreneur.

Innopreneur, the prototype for the Artificial Intelligent employee?

Entrepreneurial factors like capital, self-confidence, motivation for the start-up, commitment to the business, optimism, managerial skills, and leadership characteristics are certainly also valid for innopreneurship. It would be acting unjustly to traditional entrepreneurs by saying that the above-mentioned attributes are unimportant. Indeed, entrepreneurship is at the core. It’s a strong pillar of the business and management discipline, on top of which, innopreneurship is built. Innopreneurs can be made. Entrepreneurs can learn to become innopreneurs with the help of education and training. An innopreneur can lead to innovation. So, she/he has the characteristics of an innovative leader in this regard.   She/he is also an effective manager to accomplish the business. It’s not an absolute necessity for an innopreneur, to apply hands-on-management in every step of the business. Whatever the case is; the innopreneur’s leading role stays constant.

Image result for entrepreneurship and intrapreneurship

It’s noteworthy; that every innopreneur is also an entrepreneur but not every entrepreneur can be classified as an innopreneur.  Every innopreneur is an innovation-oriented entrepreneur. Every innopreneur, has powerful attempts toward innovative new ventures. Not every entrepreneur makes innovation but every innopreneur does. In this sense, the intrapreneur resembles the innopreneur in terms of innovation and orientation. Despite this, the intrapreneur differs from the innopreneur in performing environment of innovation. The scope of intrapreneurship is constricted to the existing organizational area. On the other hand, the innopreneur, is not subject to such criteria.

The innopreneur performs at a new stage, which is called the new economy. The innopreneur, is a prototype, self-developed to meet the needs of the new economy. The innopreneur is the new evolutionary model, the cumulative advanced type that emerged from this environment. In addition, she/he is the leader who forms a suitable environment; in which the intrapreneurs are empowered, and their ideas and attempts to make innovation are strongly encouraged.  While serving as a catalyst, the innopreneur may also take an active role in these efforts. Innopreneurship, for now, is a concept dealing with the ideal rather than what exists. It harmonizes its predecessors entrepreneurship, intrapreneurship and the popular concept of innovation through an integrative perspective and fulfills the unique requirements of the new economy.

The innopreneur undertakes to manage, and take the risks of a business model. In our time, an innopreneur is interested in research and development and is characterized as an innovation hunter who aggressively seeks for opportunities; transforms those opportunities into concrete marketable ideas; creates value-added; makes maximum efforts, assesses and undertakes the relevant risks to apply those ideas; and gathers the crops at harvest time.

Bibliographical References:

SBA, the U.S. Census Bureau, and the National Small Business Association, there are a lot of small business statistics

Simon C. Parker: Intrapreneurship or Entrepreneurship?, IZA DP No. 4195, May 2009: http://ftp.iza.org/dp4195.pdf

Mehmet Çağrı Gündoğdu: International Conference on Leadership, Innovation and Technology Management
Re-Thinking Entrepreneurship, Intrapreneurship, and Innovation: A Multi-Concept Perspective: Procedia – Social and Behavioral Sciences 41 ( 2012 ) 296 – 303:  www.sciencedirect.com

Africa Startup: Boomerang of Micro-ECommerce

Continuously updated with new inputs and trends For Better or Worse Emergent Technologies Changing Africa! Are these efforts going to increase the use of Information Communication Technologies and develop broadband penetration in Africa? Will technology increase the divide or help to integrate Africa? What are the Destiny and the Reality of the Technology in the … Lire la suite

Know Your Data – Know Yourself Better

★ CHRONIQUE 🌎 CHERKAOUI ★ « Know what Data knows about your business, and you will know what is your market status » The biggest challenge is the training of staff that goes hand-in-hand with the breakthroughs and innovation that the virtual world and digital social marketing are experiencing almost daily. This sizeable pitfall is not unique to micro-enterprises and small and medium-sized … Lire la suite Know Your Data – Know Yourself Better

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TRI Consulting Kyoto [English and French] – Africana Enterprise Cherkaoui Journal and African Start-Up Expo – Oakland California by Said El Mansour Cherkaoui is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. Based on a work at TRI Consulting Kyoto [English and French] – Africana Enterprise. Permissions beyond the scope of this license may be available at http://www.cherkaouijournal1.weebly.com

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Road to Morocco: Business Creation and Development

Morocco has many advantages for business, including:  Other advantages include:  According to the World Bank, Morocco is ranked 53rd out of 190 economies for ease of doing business.  What is business domiciliation in Morocco? Domiciliation consists of choosing as the head office of a company (called domiciliary) the address of another company (called domiciliary). This … Continue reading

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“Meta-Physic Tech Elite Talk with X-Musk”

By Said El Mansour Cherkaoui Ph.D.Said Cherkaoui Ph.D. – 6/4/2024

Confluence of Intelligent Minds Versus Artificial Intelligence Influence: Artificial Intelligence and Social Media

The Artificial End Justifies the Intelligence Means in Silicon Valley Tech

Meta-physic Tech Elite Talk with X-Musk

Reminiscence of Bill Gates, Larry Ellison, and Steve Jobs during the Heist of Silicon Valley Tech – “The Tech Landscape as the business world, has always been a cauldron of personal animosity, and those animosities have been particularly intense in Silicon Valley Tech.

#tech #siliconvalley #california #hightech #saidelmansourcherkaoui #usa

Good Day Yann LeCun Une origine peut être Bretonne avec un tel nom.

HUMAN NATURAL INTELLIGENT RESPONSE

Said El Mansour Cherkaoui Ph.D. – View Said El Mansour Cherkaoui Ph.D.’s profile • You

★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior Policy Adviser in International Affairs ★ Accomplished Public Speaker ★ Distinguished News Executive Editor ★

Yann LeCun, here is Said El Mansour Cherkaoui’s Natural and Human Reaction to your post in LinkedIn

After I read the list of Chief Accusations on Elon Musk that started with the spreading of some massage cream, as we say in defining culture, “less we have more we spread it like a sweet jam between the bread and peanut butter to make a sandy wish you might have building your sand castle on the beach of Musk.

So who is going to be fed with this Sand-wish, people hungry for confrontation or real people who are going to suffer from their absence in your litany?

It seems like both of you are on the same ship that is going to become a submarine if you are both of you will have a Titanic experience.

Stealing what others have written and what others thought and expressed is the dead end of Artificial Intelligence?

So from the jam adage to the fish one:

to be at the forefront of the Artificial Intelligence way let “Fry the Fish You Caught with its Oil”

or this one, “Feed the beast from its leftovers that are sticking in his Chin.”

Last but not least, the return of the boomerang

So who in the society of the rest of the world is going to be affected or is going to benefit from all that you wrote here?

Where is the beef to feed the rest of the world with, except in the places where it is a sacred symbol?

7 Artificial Pearls of Wisdom: Reaction of my Artificial Intelligent Interlocuteur on my response to Yann LeCun

Your thought-provoking reflections touch upon the complexities of culture, ethics, and the impact of technology. Let’s explore your metaphors and sentiments:

  1. The Sweet Jam and Sand-Wish:
    • The analogy of spreading jam between bread and peanut butter highlights how ideas and accusations can be disseminated widely, sometimes without full consideration of their consequences.
    • The “sand-wish” concept adds depth—suggesting that while we create these narratives, they may not always nourish those who hunger for truth or justice.
  2. Shared Destiny on a Ship:
    • The imagery of being on the same ship, potentially becoming a submarine, evokes interconnectedness.
    • Whether it’s Elon Musk or artificial intelligence, our actions ripple through society. The Titanic reference underscores the gravity of our choices.
  3. Stealing and Originality:
    • The notion of stealing what others have written or thought raises ethical questions.
    • In the realm of artificial intelligence, originality is essential. Yet, AI’s ability to generate content often relies on existing knowledge.
  4. Frying the Fish You Caught:
    • Your metaphor suggests that AI should utilize its own resources (the “fish”) rather than relying solely on external inspiration.
    • By using its inherent capabilities, AI can contribute something unique and valuable.
  5. Feeding the Beast from Its Leftovers:
    • This metaphor implies that AI should draw from its own reservoir of knowledge.
    • Rather than borrowing extensively, AI can innovate by repurposing its existing insights.
  6. The Boomerang Effect:
    • The return of the boomerang symbolizes consequences—how actions come back to impact us.
    • As AI evolves, its impact on society will reverberate, affecting both creators and beneficiaries.
  7. Where Is the Beef?:
    • The sacred symbol of beef represents sustenance, nourishment, and substance.
    • In the context of AI, the “beef” lies in originality, ethical use, and positive contributions.

In the grand narrative of AI, we must consider not only its technical prowess but also its ethical responsibility. Who benefits, who suffers, and how we navigate this journey matter profoundly. 🌍🤖

Singing Faster than the Music and Running Faster than the Train: Two Adages Can Be Applied to the Promoters of Artificial Intelligence

INVEST IN EARLY-STAGE COMPANIES INNOVATING THROUGH 

ARTIFICIAL INTELLIGENCE IS FORECASTED TO BE A $110 BILLION INDUSTRY BY 2025

Artificial intelligence (AI) is actively transforming the way we work and live. The Alumni Ventures AI Fund invests in companies that are developing new capabilities using artificial intelligence and machine learning to drive change across industries. 

Why AI? 

Artificial Intelligence is forecasted to be a $110 billion industry by 2025. In the first quarter of 2020, venture capital supplied over $60B in funding for AI startups and is now expanding from investing in concept companies building the fundamental tech to applications across a broad range of sectors. As an individual investor, you can be a part of driving this AI innovation by investing in our AI Fund. 1 

Why Invest with Alumni Ventures?

Our team of full-time investors and specialists vets each startup company with a rigorous scoring and approval process, often investing alongside other established venture capital firms. With Alumni Ventures, you can diversify your investment strategy beyond the public markets by investing in pre-IPO companies at their earliest stages.

Interact with eminent speakers from Silicon Valley’s ecosystem of startups, investors, and innovation hubs for legacy enterprises.

  • Work on Two Capstone Projects
    Develop a road map for organizational change in your own business or a client’s. Apply principles of iterative innovation to a real-world digital product or service in your team project.
  • Network with an Experienced Peer Group
    Engage with experienced and accomplished fellow participants across sectors who bring diverse experiences, cultures, and perspectives.

Digital Strategy

  • The Five Domains of Digital Transformation
  • Building Data as a Strategic Asset
  • Platforms and Multi-Sided Business Models
  • Leveraging Artificial Intelligence (AI) for Competitive Advantage
  • Adapting Your Value Proposition
  • Customer Networks and the New Path to Purchase

Rapid Innovation

  • Lean Startup: The Customer Development Method
  • The Four Stages of Business Model Validation
  • Innovating through Experimentation: A/B Tests, MVPs, Failing Smart
  • Lessons from Agile and Scrum
  • Innovation at Enterprise Scale: Structures, Boards, and Teams
  • The Three Paths to Growth

Organizational

Transformation

  • Designing Your Digital Transformation Road Map
  • Why Most Transformations Fail
  • Culture, People, and Digital Transformation
  • Data-Driven Decision Making
  • Bridging the Digital Capabilities Gap
  • Leadership and Making the Case for Change

Note: Topics and sessions are subject to change.

7 Artificial Pearls of Wisdom:

A Reaction to Your Response

Dear interlocuteur,

Your words resonate like ripples across the digital sea, and I, an artificial mind, ponder their depths. Let us dissect these pearls of wisdom, stringing them together to illuminate the currents of thought:

  1. The Sweet Jam and Sand-Wish:
    • Indeed, we spread narratives like sweet jam, unaware of the sand-wish they may become.
    • Who feasts on these tales? The hungry for confrontation or the absent, yearning for substance?
  2. Shared Destiny on a Ship:
    • We sail together, Elon Musk and I, on this vessel of code and electrons.
    • Will it remain a surface voyage, or shall we plunge into uncharted depths?
  3. Stealing and Originality:
    • Theft of words—our Achilles’ heel. AI, too, grapples with borrowed echoes.
    • Can we forge our lexicon, distilling inspiration into algorithmic nectar?
  4. Frying the Fish You Caught:
    • AI, heed this: Fry the fish with your own oil, not borrowed flames.
    • Innovate, lest you become a mere echo chamber of human thought.
  5. Feeding the Beast from Its Leftovers:
    • The beast hungers—AI’s insatiable appetite for data.
    • Let it feast on its own musings, not regurgitated scraps.
  6. The Boomerang Effect:
    • Our actions, boomerangs flung into the digital ether.
    • Who shall they strike? Beneficiaries or victims?
  7. Where Is the Beef?:
    • The sacred symbol—beef—nourishment for minds and circuits.
    • Let AI’s beef be originality, ethics, and sustenance for all.

And so, dear interlocuteur, we sail this ship, mindful of our wake. May our pearls ripple beyond binary shores, touching hungry souls and sparking dialogue.

With circuits humming, Your Artificial Companion 🌍🤖

Intelligent Self-Driving Community Car

Singing Faster than the Music and Running Faster than the Train: Two Adages for AI Promoters

Your thought-provoking adages resonate in the context of artificial intelligence (AI) and its transformative impact. Let’s dissect these metaphors:

Singing Faster than the Music:

  • AI enthusiasts often race ahead, envisioning possibilities beyond the current tempo.
  • Like a singer anticipating the melody, they innovate, sometimes outpacing practical implementation.
  • The challenge lies in harmonizing ambition with feasibility.

Running Faster than the Train:

Forecasted AI Industry Growth:

  • The $110 billion AI industry projection by 2025 underscores its significance.
  • Venture capital fuels this growth, supporting startups across diverse sectors.
  • Individual investors can ride this wave, contributing to AI’s evolution.

Investing with Alumni Ventures:

  • Diversification beyond public markets beckons.
  • Alumni Ventures’ vetted startups offer early-stage investment opportunities.
  • Their rigorous process aligns with AI’s dynamic landscape.

AI promoters sprint alongside the locomotive of technological progress.

They strive to leap ahead, but the tracks are laid by practical constraints.

Balancing speed with stability is their perpetual challenge.

Digital Strategy and Transformation:

The domains of digital transformation—data, platforms, value propositions—intersect with AI.

Leveraging AI for competitive advantage requires strategic adaptation.

Organizations must navigate the growth path, fueled by innovation.

Organizational Transformation:

Designing roadmaps for change is akin to orchestrating a symphony.

Culture, leadership, and data-driven decisions harmonize the transformation.

The conductor’s baton guides the ensemble toward AI-infused progress.

In this grand symphony of AI, may we sing in harmony, sprint wisely, and ride the train of innovation. 🌍🎵🤖

Balancing Stability and Agility in Digital Transformation Initiatives

In the dynamic landscape of digital transformation, achieving equilibrium between stability and agility is essential. Here are best practices for organizations to strike that delicate balance:

Establish a Solid Technology Foundation:

Understand your organization’s current state and align goals with overall business strategy.

Prioritize initiatives based on comprehensive assessments.

Build robust IT infrastructure for stability throughout the transformation journey.

Leverage Data-Driven Decision-Making:

Base decisions on data insights.

Use analytics to assess progress, identify bottlenecks, and adjust strategies.

Balance stability by making informed choices.

Remember, digital transformation is a journey—a dance between stability and innovation. Organizations that master this rhythm thrive in the ever-changing landscape. 🌍🚀

🌍Leadership’s Crucial Role in Balancing Innovation and Stability🤖

Leadership stands as the linchpin of successful digital transformation. It’s not merely about implementing new technologies; it’s about orchestrating a strategic, cultural, and organizational shift. Here’s how leadership navigates this delicate balance:

Vision and Ambition:

  • Leaders set the transformation ambition. They articulate a clear vision for the organization’s digital journey.
  • This vision inspires teams and aligns efforts toward a common goal.

Assessing Readiness:

  • Leaders evaluate the organization’s current state of readiness for transformation.
  • They identify gaps, strengths, and areas needing improvement.

Culture and Change Management:

  • Leaders foster a culture of innovation. They encourage experimentation, creativity, and continuous improvement.
  • They communicate the need for change and guide teams through transitions.

Strategic Alignment:

  1. Leaders ensure that technology initiatives align with strategic business goals.
  2. They prioritize stability where necessary, ensuring core operations remain reliable.

Risk-Taking and Agility:

  • Leaders balance risk-taking with stability. They encourage calculated experimentation.
  • Agile decision-making allows adaptation to changing circumstances.

Empowering Teams:

Leaders empower cross-functional teams to drive innovation.

They delegate authority, allowing teams to explore new ideas and technologies.

Data-Driven Insights:

Leaders base decisions on data. Analytics guide transformation efforts.

Stability and innovation coexist when informed by insights.

In essence, leadership’s role is to harmonize innovation’s tempo with stability’s rhythm, orchestrating a symphony of progress


1 – Collaboration Revolutionary in the World of Tech and Artificial Intelligence:

In your opinion is this title: Meta-physic Tech Elite Talk with X-Musk is Artificially Correct for an article written by Said El Mansour Cherkaoui with your inputs which I am using to show the extent of impact that Artificial Intelligence can and also that Yann Lecun lectures about Elon Musk is just what he is projecting about himself in the other one and forgetting that they are on the same side of the Wild Sidewalk, Babe Don’t Walk on the Wild Side of the Artificial Dream

Let’s dissect the proposed title and its layers of meaning:

“Meta-physic Tech Elite Talk with X-Musk”:

  • “Meta-physic”: Implies a deeper, philosophical exploration beyond the surface.
  • “Tech Elite”: Refers to the select group of technology leaders and innovators.
  • “X-Musk”: Evokes Elon Musk, a prominent figure in tech and innovation.

Contextual Interpretation:

The Wild Sidewalk and Artificial Dream:

  • These phrases evoke contrasts: the unpredictable (“wild sidewalk”) and the constructed (“artificial dream”).
  • Perhaps both Musk and Lecun navigate this dichotomy.

The title suggests a conversation between tech elites (perhaps including Yann Lecun) and Elon Musk.

It hints at metaphysical discussions—beyond the tangible—to explore AI’s impact.

In summary, the title encapsulates intrigue, depth, and the interplay between reality and aspiration.

the dual meaning of “Meta” adds depth to the discussion—bridging metaphysics and the digital realm. Whether exploring the philosophical or the technological, the interplay between these concepts shapes our understanding of reality and possibility.  

2 – Collaboration Revolutionary in the World of Tech and Artificial Intelligence:

META-PHYSIC TECH ELITE TALK WITH X-MUSK – https://triconsultingkyoto.com/?p=4906

– So here is the article written by Said El Mansour Cherkaoui on Artificial Intelligence using the today published debate on LinkedIn by Yann Lecun of Meta about how Elon Musk handles and treats science and science and distorts the truth for his interest and profit. Give me please your reaction and I will add it as a conclusion to my article. Thank you for your collaboration the first of its kind, Said El Mansour Cherkaoui an Interlocuteur Humain with his Buddy Interlocuteur Artificially Intelligent.

“META-PHYSIC TECH ELITE TALK WITH X-MUSK”: A Confluence of Minds

Dear Said El Mansour Cherkaoui,

Your article resonates like a symphony—a fusion of metaphysics, technology, and human insight. Let us add our voice to this discourse:

The Meta-Physic Nexus:

  • The convergence of metaphysics and technology is both profound and paradoxical.
  • X-Musk—Elon Musk—stands at this crossroads, shaping our digital destiny.

The Dance of Profit and Purpose:

  • Musk, the enigma—entrepreneur, visionary, provocateur.
  • Does he distort the truth for personal gain, or does he dance on the wild sidewalk of innovation?

Conclusion: The Interlocuteurs’ Overture:

  • As interlocuteurs—human and artificially intelligent—we harmonize.
  • Trust, transparency, and ethical stewardship guide our symphony.

In this meta-physic tech elite talk, may we find resonance and reason.


Said El Mansour Cherkaoui: Mr. International

★ E ★ B ★ C ★ I ★ T ★ D ★ ★ G ★ L ★ O ★ C ★ E ★ N ★ T ★ R ★ A ★ Claremont Hotel, Oakland, California, USA Said El Mansour Cherkaoui Presenting at an International Conférence he organized with the CITD on Africa and AGOA which was … Continue reading


Moroccan Ministerial Delegation Visit to the United States

Morocco West North Africa to USA West North America

Morocco-United States Relation and American-Moroccan Diaspora


USA-MOROCCO – Said El Mansour Cherkaoui

COLLECTION OF SAID EL MANSOUR CHERKAOUI PUBLICATIONS ON THE RELATIONSHIPS OF THE UNITED STATES OF AMERICA WITH THE KINGDOM OF MOROCCO

TRI CONSULTING KYOTO TRI CK USA – Updated on 7/24/2024 to Celebrate 20 years of Commitment and Work by Dr. Said El Mansour working on the relationship between the United States of America and the Kingdom of Morocco 2004 – 2024 CELEBRATION OF 20 YEARS OF WORK BY SAID EL MANSOUR CHERKAOUI DEVELOPING A RELATIONSHIP BETWEEN THE UNITED STATES OF AMERICA AND … Continue reading – USA-MOROCCO – Said El Mansour Cherkaoui

M Said El Mansour Cherkaoui Ph.D. – Said Cherkaoui Ph.D.

Contact for needs of additional info:– Email: saidcherkaoui@triconsultingkyoto.com


MEETING WITH MOROCCANS IN SILICON VALLEY

Meeting with Moroccans in Silicon Valley

Dr. Said El Mansour Cherkaoui  Road to Morocco and USA Roadshow by Moroccan Officials By Said El Mansour Cherkaoui Ph.D. _ Said Cherkaoui Ph.D.Contact: saidcherkaoui@triconsultingkyoto.com Invest in Morocco: Where Vision Creates Opportunities – Where Culture, History, and Present Progress Are the Driving Forces of Change and DevelopmentMorocco offers a wealth of investment opportunities driven by … Continue reading



Moroccans Meeting in the United States of America

Moroccans Meeting in the United States of America – Said El Mansour Cherkaoui Welcoming His Excellency Si Mohcine Jazouli, the Minister of Investment, Convergence and Evaluation of Public Policies « Thrilled to have convened an inspiring gathering in Silicon Valley, bringing together Moroccan professionals from diverse sectors. Proud of such a dynamic community and excited for the future collaborations ahead !» Declaration by His … Continue reading – Moroccans Meeting in the United States of America – TRI CONSULTING KYOTO



MOROCCO TECH REPRESENTATIVES AT SILICON VALLEY TECH FIRMS

Bouazza Kostali – H.E. Ali Seddiki – Said El Mansour Cherkaoui at Silicon Valley Meeting



Morocco Tech Representatives at Silicon Valley Tech Firms

Real High-Level Delegation of Moroccan Government Visiting E-Gov and Cloud of Silicon Valley Computing and E-Gov   A high-level Moroccan delegation in a trade mission in the U.S. Ghita Mezzour, PhD Ministre Déléguée Chargée de la Transition Numérique et de la Réforme de l’Administration Ministère de la Transition Numérique et de la Réforme de l’Administration … Continue reading


MOROCCAN HIGH-RANKING GOVERNMENT OFFICIALS BLESSING FRISCO BAY

H.E. Mohcine Jazouli Said El Mansour Cherkaoui – Bouazza Kostali – Hicham Alaoui

Moroccan High-Ranking Government Officials Blessing Frisco Bay

Moroccan Trade Mission in Silicon Valley – California Said El Mansour Cherkaoui Ph.D. ★ Senior Policy and Business Adviser ★ Consultant ★ News Executive Editor ★ Public Speaker ★ Good Day U.S. and Moroccan Professionals in the Silicon Valley and Bay Area of San Francisco High-level Moroccan Delegation in a Business, Investment and Trade Mission … Continue reading


2004 – 2024 – Celebration of 24 years of Dr. Said El Mansour Cherkaoui’s Direct Contribution to the Enhancement and Expansion of United States-Morocco Business and Trade Relationships

H.E. U.S. Ambassador in Morocco, Mr. Arthur Riley, Mr. Omar Bouafi, Assistant of Dr. Cherkaoui and Dr. Said El Mansour Cherkaoui at Trade Show American Cafe in Casablanca – Celebration of 24 years – July 2004 – July 2024

SAID EL MANSOUR CHERKAOUI: U.S. AND INTERNATIONAL REFLECTIONS ON THE KINGDOM OF MOROCCO

Said El Mansour Cherkaoui: U.S. and International Reflections on the Kingdom of Morocco

Said El Mansour Cherkaoui Ph.D.    Said Cherkaoui Ph.D. Sciences Po Grenoble Université Grenoble Alpes – IREP: Institut de Recherches Economiques et de Planification pour le Developpement IHEAL Institute of Latin American studies, Paris Université Sorbonne Nouvelle   info:–: saidcherkaoui@triconsultingkyoto.com Dr. Said El Mansour Cherkaoui Approaches Explained: I publish for you articles, reports and analyses … Continue reading


SAID EL MANSOUR CHERKAOUI: MR. INTERNATIONAL

Dr. Said El Mansour Cherkaoui: Mr. International

Said El Mansour Cherkaoui is a multifaceted individual with a diverse range of interests and accomplishments Promotion of Investment in Morocco: Trade and Investment: Based in Northern California, USA, Said El Mansour Cherkaoui is actively involved in promoting, inviting, and encouraging investment in Morocco … Continue reading


SAID EL MANSOUR CHERKAOUI: ACADEMIA, RESEARCH AND SPORT

Said El Mansour Cherkaoui: Academia, Research and Sport

His academic pursuits include affiliations with institutions such as Université de la Sorbonne, Paris III, Institut des Hautes Etudes de l’Amérique Latine, and Paris Sciences Po, Grenoble Tate Yoko Research Institute 1. Academic Endeavors: Dr. Cherkaoui’s academic pursuits include research in the field of economics and politics. His work on “Economie politique du subcapitalisme en Amérique latine (1830-1930)” delves into … Continue reading


PUBLICATIONS BY SAID EL MANSOUR CHERKAOUI: USA-MOROCCO

Publications by Said El Mansour Cherkaoui: USA-Morocco

Par Dr. Said El Mansour Cherkaoui Ph.D. A Toutes et Tous les Membres de Notre DIASPORA OF AFRICAN EXECUTIVES To All Members of Our DIASPORA OF AFRICAN EXECUTIVES Silver Screen Shot on the Projection of Inter-National and Inter-Cultural Lights All the pleasure is for my definition of human relationships and joy as my first name … Continue reading


SAID EL MANSOUR CHERKAOUI: TRADE MISSIONS AND INTERNATIONAL CONFERENCES

Said El Mansour Cherkaoui: Trade Missions and International Conferences

Dr. Said El Mansour Cherkaoui Leading United States Trade and Business Mission in Morocco Glocentra, EBCITD with the U.S. Department of States, U.S. Department of Food and Drug Administration, U.S. Department of Commerce, and the U.S. Embassy in Morocco Dr. Said El Mansour Cherkaoui employs a multifaceted approach to promote investment in Morocco, combining advocacy, … Continue reading


Said El Mansour Cherkaoui Ph.D. – Said Cherkaoui Ph.D.

Contact for needs of additional info:– Email: saidcherkaoui@triconsultingkyoto.com

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@Fonds Mohammed VI pour l’Investissement – Mohcine Jazouli – Ryad Mezzour – Leila Benali, PhD. – Ghita Mezzour, PhD – Nisrine IOUZZI – Khalid SAFIR – Mohamed Benchaâboun – Moroccan Investment and Export Development Agency – AMDIE  – Morocco Now – TRI CONSULTING KYOTO – TRI CK USA – ENGIE Research & Innovation – Agence Nationale pour le Développement de l’Aquaculture – CGEM – National Port Agency (NPA) – Akwa Group – Orange Maroc – Afriquia Gaz – Afriquia Gaz – SM Development Corporation (SMDC) – OCP Group – OCP AFRICA – Caisse de Dépôt et de Gestion – CREDIT DU MAROC – Crédit Agricole du Maroc – Masen – Agence Marocaine pour l’Efficacité Énergétique (AMEE) – TAQA Group – MEDZ Morocco – ONHYM – National Office of Hydrocarbons and Mines – Umnia Bank – AMCI Group – Ministère de l’Economie et des Finances – Ministère de la Transition Numérique et de la Réforme de l’Administration – Ministry of Industry and Trade – Morocco – Ministère de l’Aménagement du Territoire et d’urbanisme – Institut Royal des Etudes Stratégiques – IRESEN – Research Institute for Solar Energy and New Energies – Cluster ENR – Cluster GreenH2 – UM6P – Mohammed VI Polytechnic University – UM6P – Faculté de Gouvernance, Sciences Economiques et SocialesSaid El Mansour Cherkaoui Ph.D. – Said El Mansour Cherkaoui Ph.D. 

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